Senator Edward J Markey has reintroduced the Fueling Alternative Transportation with a Carbon Aviation Tax (FATCAT) Act, legislation that would increase fuel taxes for private jet travel from USD22 cents to USD2 per gallon and remove existing fuel tax exemptions for logging or oil and gas exploration.

The FATCAT Act was initially introduced to the US Congress in July 2023, under the administration of former president Joe Biden, but did not advance through the legislative process. Now, Senator Markey, a Democrat representing the…

Source: ch aviation
Read more: US Senator revives FATCAT bill to hike bizjet fuel tax