Just Billionaire Things

Just Billionaire Things

— What extreme wealth costs everyone else — the excess, the extraction, and the harm
1 members Created Sep 2026

New Report “High Flyers 2026” Reveals How Private Jets Costs Taxpayers and the Planet

ips-dc.org/release-high-flyers-2026

Private jets make up 16 percent of FAA flight traffic but pay less than 0.6 percent of the taxes funding the system. A new report finds a 10 percent luxury tax could have raised $3 billion in 2025, even as fractional ownership jumped 65 percent since 2019.

— via Institute for Policy Studies, oliviaalperstein

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