Unless you hang your hat in Delaware or New Hampshire or live in one of the few countries that don’t assess sales tax, you probably hand money to the government almost every time you buy something. In many U.S. states, the levy on purchases runs 5 to 7 percent or more and, with local surtaxes, you can wind up paying as much as 15.5 percent on most purchases.
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You need only glance at the first cover of Business Jet Traveler, from October 2003, to see how far it has come. The magazine, which I edit, began as an outgrowth of Aviation International News and, in its early issues, seemed more like a clone than an offspring.
When my wife and I recently dropped off our son for his freshman year at Bard College, we had the pleasure of listening to a talk by the school’s extraordinary longtime president, Leon Botstein. He noted that universities have been around since the 11th century and have endured through everything from the development of movable type to the invention of electric lights and the moon landing. They’ll survive the Internet, too, he said.
A little over a decade ago, my wife and I had at least some small chance of becoming rich beyond belief. We were among the first investors in a technology startup that had the potential to be as revolutionary and widely adopted as the iPhone or iPad, and with even greater revenue. Unfortunately, the company’s digital-wallet concept was ahead of its time and the founders, despite diligent efforts, lacked the muscle to make it a reality.
I was reminded of the wonderfulness of the Paris Air Show on my last day at Le Bourget Airport on June 20. My job at most shows that we cover is tied up with producing AIN’s daily issues, and for two or three days before the show until the night before our last issue is printed I’m heads-down in the constant struggle to stay ahead of the relentless deadlines involved in producing a daily print magazine.
I’ve always been one to deliberate carefully before spending money, but I might not have labeled myself an obsessive shopper until the day, several years ago, when I went looking for a new kitchen faucet.
Months before the FAA began its short-lived policy of furloughing air traffic controllers and making plans to close 149 low-activity ATC towers, the agency was making dire forecasts about how the plan would affect various facets of the
Just as cellphones, tablets and laptops have become ubiquitous in the cabins of passenger aircraft, so have they become more and more common in the cockpits of our aircraft.
In the latest print edition of Aviation International News sister publication Business Jet Traveler and on its website, you’ll discover BJT’s Second Annual Book of Lists feature, which we hope you’ll find both informative and entertaining.
The general aviation industry in the U.S. lost a key battle last night when the Santa Monica city council voted to impose higher landing fees, not just on transient aircraft but on all aircraft that use the airport. Starting August 1, even a Cessna 172 based at Santa Monica Airport (SMO) flown by a local student or rental pilot will be assessed $10.96 for each landing.