The Boeing 747-8 being offered to Donald Trump by Qatar once served the Qatari royal family and has been sitting unsold for years.
The jet, a lavishly configured version of Boeing’s largest passenger aircraft, has been lingering without a buyer since being put up for sale in 2020, according to aircraft listings and aviation analysts.
John Goglia, a former member of the National Transportation Safety Board, told Forbes that giving the 747-8 to the U.S. would allow the Qataris to avoid maintenance costs that were only getting higher—with the 747 fleet shrinking worldwide and fewer mechanics available who know how to work on them.
Right? Being gifted a plane is kind of a financial nightmare.
If you plan on flying it yes. But something like this I bet you could rent out as an AirBnB (assuming there are beds). You also need a place to put it…
Its like “winning” a boat or car. Great, you have this thing you couldn’t afford. Now pay the taxes on it, that you can’t afford.
But also, we all know Trump doesn’t pay taxes.
Reminds me of the time Oprah screwed her audience over with a free car
https://www.jalopnik.com/that-time-oprah-gave-276-people-free-cars-that-actually-1838106001/
Fwiw a brand new Saturn g6 would have been probably about 15k.
Most of the time, these shows allow you to take the value of the prize instead. Sounds like they could have easily come away with ~9k in profit if they just took the value.
I’m not sure the hate is warranted here. Of course, that is if they were allowed to take the value.
What kind of country taxes prizes? Seems a bit ridiculous if you ask me.
Windfall and winnings are some of the most punitivly taxed gains in the US. They take a big chunk.
Prizes are income, otherwise companiea would hold a raffle each month to determine your salary.
These types of policies are just government greed very, verrrrrry thinly disguised as -yet more- taxes.
“Oh, well done, good for you. You did all the work and you’ve won something…HA, nope, we’ve won something. I’ve done fuck all in this but I demand my percentage, where’s my cut?”
Or, and this ja a wild one, or the law could give a devinition of “price” that doesn’t open it up for abuse while not taking from people who won something.
Not here in the UK. I think there are exceptions - bonuses at work are taxed, if a professional artist wins money in an art competition that’s regarded as work money and taxed. But if you win the lottery or a bet on the horses, no tax to pay.
So trump would have to pay taxes on the plane eh?
Good ol USA, at a high rate.
This is the same energy as people who buy their SO a vehicle without any input. Enjoy the new car payments babe.
Not when taxpayers are paying for all the expenses.