by Charlie Leocha | Jul 30, 2011
For years, I have used the price of a Big Mac at McDonald’s as my benchmark for well-adjusted currency rates. I have always thought that if the price of a Big Mac was the same in the U.S. and in a foreign country that the exchange rates were more or less OK. If...
by Charlie Leocha | Jul 29, 2011
Sen. Rockerfeller (D-WV) and Sen. Cantwell (D-WA) have sent a letter to the leaders of America’s airlines asking them pointedly, how much money are they making from their absorbtion of monies that were formerly going to FAA taxes. There is no doubt about it that...
by Charlie Leocha | Jul 29, 2011
Sen. Rockerfeller (D-WV) and Sen. Cantwell (D-WA) have sent a letter to the leaders of America’s airlines asking them pointedly, how much money are they making from their absorbtion of monies that were formerly going to FAA taxes. There is no doubt about it that...
by Charlie Leocha | Jul 29, 2011
As I noted in my article about the current FAA bill extension, or rather the lack of such an extension, the U.S. government is losing almost $30 million a day because Sen. Rockerfeller’s is upset with the process that the House of Representatives used in adding...
by Charlie Leocha | Jul 28, 2011
Here is the official IRS FAQ page regarding the Lapse of Air Transportation Excise Taxes after July 22, 2011. The Consumer Travel Alliance has sent the IRS a request for the proper procedures for claiming the excise taxes and domestic segment fees for flights taken...
