You may soon be paying more in taxes than the cost of the airline ticket -
The Obama administration wants to add a giant tax to your next airline ticket. The government is proposing a $100-per-takeoff tax for passenger and cargo flights to reduce the federal budget deficit. And Congress is considering increasing the $2.50 per passenger security tax to $5 and then raising it again to $7.50 by 2017. The airlines currently pay up to 17 different taxes to government entities (actually you pay in the form of higher ticket prices). This one might be killing the goose that lays the golden egg. Can you imagine buying a ticket from Omaha to Chicago for $79 and then paying taxes of $200 on top of that. The government taxes airlines more than they tax sin (alcohol and tobacco). Let's hope that this tax proposal dies a fast death in congress.
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