GAO Report: Airport Trust Fund Losing Out On Fuel Taxes
Credit: Office Of Congressman Mike Pompeo (Flickr)
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...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.