”We at AOPA are very disappointed in President Obama’s statements today concerning raising taxes on private aircraft,” said AOPA President Craig Fuller. “Imposing higher taxes on GA aircraft by lengthening depreciation schedules is inconsistent both with sound economic principles and with the promises of support made by the President’s own Secretary of Transportation just a few months ago during a speech in Wichita.
AOPA Online: Obama vilifies aircraft, praises GA manufacturers [www.aopa.org]