(Bloomberg) -- U.S. airlines, which already share the sky with corporate jets, are pushing to share their tax burden too.
President George W. Bush is proposing to cut the amount passenger carriers such as American Airlines and Continental Airlines pay in federal taxes each year by $1.68 billion. Most of that obligation would be shifted to small-jet operators, including General Motors Corp., Exxon Mobil Corp. and NetJets Inc., the business-jet charter company owned by Warren Buffett's Berkshire Hathaway Inc.
Read more at Bloomberg Exclusive News
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