'Billionaires and the ultra-wealthy are getting a bargain, paying less in taxes each year to fly private and contribute more pollution than millions of drivers combined on the roads below,' said SenMarkey.
by the Institute for Policy Studies and the Patriotic Millionaires estimated that private jets' planet-warming emissions jumped by more than 23% during the Covid-19 crisis.
Elon Musk, Tesla's billionaire CEO, is the most frequent private jet flyer in the U.S., helping produce more than 2,100 tons of carbon emissions last year while paying minimal taxes, according to IPS and the Patriotic Millionaires. The groups pointed toshowing that just 1% of the world's population is responsible for half of all aviation emissions.
"The 1 percent can't free ride on our environment and our infrastructure at a discount," Markey said in a statement."Billionaires and the ultra-wealthy are getting a bargain, paying less in taxes each year to fly private and contribute more pollution than millions of drivers combined on the roads below.
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