Schiff: There are no subsidies for corporate jet owners

He explains:

There are no subsidies for corporate jet owners. The fact that corporations are forced to depreciate jets over a period of five years, rather than being able to fully deduct the expenditure immediately, is not a subsidy but a penalty. Just because commercial airlines are penalized more does not mean other corporations are getting a subsidy

Peter Schiff, Don't Be Fooled by Political Posturing