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Mark Kelly: “Depreciation schedule on private jets, which costs all of us…”

Featuring: Mark Kelly, Democratic | U.S. Senate from Arizona

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LIVE: Senator Mark Kelly holds town hall in Tucson, AZ

Published | Video Starts at 42:19

It helps the guy who has a private jet get another private jet. In their big crappy bill, that bill. The big billionaire bill, they changed the. Depreciation schedule on private jets, which costs all of us more money from whatever it was seven years down to. You can depreciate it all in a year. You get all your money back. You're buying their private jet. That nobody even knows about that because it's just one of, like, you know, dozens of really bad things that help the wealthy and hurt hardworking Americans. (42:19–42:30)

CLAIM

Asserts that the depreciation schedule for private jets was changed to allow full depreciation in one year.

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