Biden: Charging Corporate Jets $100 Take-Off and Landing Fee ‘Not Class Warfare’
(CNSNews.com) – Vice President Joe Biden said charging corporate jets a $100 fee to take off or land at U.S. airports “is not class warfare” but a “reasonable” way for executives and corporations to help pay for policing American communities.
“If corporate jets just paid a $100 fee every time it took off or landed in America, that would raise $11.5 billion,” Biden said, adding that the money could be used to “make sure the streets are safe.”
“So folks, this is not class warfare,” Biden said. “This is all about just being rational and reasonable.”
Biden was speaking at the Alexandria Police Department in Alexandria, Va., on Thursday to promote President Barack Obama’s $450-billion American Jobs Act, which includes $5 billion to retain or hire law enforcement personnel around the country.
Biden said the federal government could also raise money for law enforcement and other causes by increasing the taxes paid by hedge fund managers, who he called “good guys.”
“Except they pay at a 15 percent tax,” Biden said. “You pay a 28 percent.”
“And I don’t get that,” he said. “How is that fair? How’s that fair?”
Biden said that if hedge fund managers paid the same taxes “middle class folks pay,” the cost of law enforcement in the United States could be covered “for the next several years.”
“If they just paid the same 28 percent rate middle class folks pay – not even the upper rate – that’s $12-and-a-half billion dollars,” said Biden. “That’s enough to cover half of the costs, or all of the costs, for the next several years of law enforcement that we’re talking about.”
The event where Biden spoke also was held to announce more than $243 million in federal grants to add officers to departments, including in Alexandria, which received almost $900,000 to add four staff positions.