President Obama's message to jet-setters: Pay your fair share.
The president ruffled some high-flying feathers when he said that the United States should end tax breaks for the owners of corporate jets during Wednesday night's debate with Mitt Romney.
"My attitude is, if you got a corporate jet, you can probably afford to pay full freight, not get a special break for it," he said, discussing ways to reduce the federal deficit.
Obama was referring to the accelerated depreciation of business jets. A national business aviation trade group, which represents owners of private jets, called Obama's comments "misleading."
"The president's comments completely mischaracterized the businesses and groups that depend on an airplane, the majority of which are small- to mid-sized businesses, farms, flight schools, medical-care providers, and emergency responders, which use the aircraft to connect communities and grow their businesses," said Ed Bolen, president and CEO of the National Business Aviation Association.