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Corporate Jets: The Next Political Punching Bag

John Travolta's private jet sits on the tarmac at Grand Bahama International Airport in Freeport, Grand Bahama, Bahamas, Monday, Jan. 5, 2009. (AP Photos/Alan Diaz) Original Filename: Bahamas_Travoltas_Son_FLAD106.jpg Diaz/AP
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Key Takeaways:

  • Democrats are increasingly using "corporate jets" as a campaign issue to accuse Republican opponents of supporting "tax loopholes" for corporations by opposing changes to long-standing tax depreciation rules.
  • An early campaign ad attempting this tactic backfired due to insensitive imagery (a jet near the NYC skyline) and made a questionable claim about a 25-year-old depreciation schedule being a "loophole."
  • Despite the specific ad's failure and the dubious nature of the "tax loophole" claim, the article predicts this "corporate jet" narrative will continue to be a popular campaign strategy due to its appeal to the general public.
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Watch for “corporate jets” to emerge as a hot-button campaign issue in the coming months as Democrats seize on a change in the tax code proposed in President Obama’s Jobs Act to paint their Republican rivals as supporting tax-cheating corporations.

It’s happening already. In an ad created for the Congressional campaign of Democrat David Weprin, a business jet is shown flying across the screen as a voiceover warns viewers: “Corporate executive Bob Turner lives the high life. While you struggle to pay the bills, Turner supports tax loopholes for corporations.”

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