TAXPAYER RELIEF ACT MAY NOT SPELL RELIEF FROM FUEL TAX
A provision in the Taxpayer Relief Act of 1997 (October, page 15) could substantially increase the tax on jet fuel. Effective July 1, 1998, jet fuel will be considered as kerosene and be hit with the 24.4-cents-per-gallon highway tax. In the case of most FBOs, that tax will be tacked on to the price...
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