GAO Report: Airport Trust Fund Losing Out On Fuel Taxes
August 09, 2016
WICHITA—A change in the 2005 U.S. tax law has diverted $1–2 billion from the FAA’s Airport and Airway Trust Fund—more than half of the tax receipts from the sale of noncommercial jet fuel, according to a just-released report by the Government Accountability Office (GAO). The funds were intended for...
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