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.
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.