NJ could raise taxes on United Airlines by US$20m

A state Senate committee Thursday advanced a plan that would hike taxes on United Airlines by US$20m, despite warnings that it could raise airfares or reduce routes at Newark Liberty International. New Jersey only taxes the fuel a plane burns during taxiing and take-off. A bill sponsored by Senate president Steve Sweeney would instead tax all fuel – but only for United Airlines, which accounts for two-thirds of Newark’s air passengers. Sean Williams, senior vice president for state and local government affairs at A4A, said Newark is already the costliest airport in the nation and that this change would raise United’s fuel tax 20-fold. “That is a major tax increase,” Williams said. “And so that puts you all at substantial risk of causing costs to go up on passengers and possibly airlines to cut routes. I mean, something has to give here.” <br/>
NJ101.5
http://nj1015.com/nj-could-raise-taxes-on-united-airlines-by-20-million/
9/13/18
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