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Corporate jet comment from President Obama has Kansas lawmakers reacting
July 11, 2011
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  • June 29, 2011
    WICHITA, Kansas — President Obama tackled some tough issues Wednesday, but he angered some Kansas companies and lawmakers alike.
    In a morning news conference, the president talked about jobs, Afghanistan, and the deficit.
    During the speech, he said he wants tax breaks ended for the wealthy.
    “I think it’s only fair to ask an oil company or a corporate jet owner that has done so well to give up that tax break that no other business enjoys,” said President Obama.
    That corporate jet comment from the president drew immediate fire from Kansas lawmakers.
    Republican Rep. Mike Pompeo says he’s concerned if tax breaks are lifted for those buying corporate jets, that could negatively impact the sale of planes in the Wichita area economy.
    He believes the tax breaks are crucial in creating jobs here in Kansas.
    “He doesn’t understand these are tools,” said Rep. Pompeo. “People are flying around and using these aircraft to develop their businesses and to go meet their customers and talk with them so they can grow companies and jobs here in America.”
    Pompeo says the President should instead focus on changing the tax code itself and leave tax breaks alone.
    http://www.ksn.com/news/local/story/Corporate-jet-comment-from-President-Obama-has/tdLlK8cuwUG9aVkZcQIJpA.cspx

    Source: KSN 3
    Date: 2011-06-29