Corporate perks – such as private jets – are an obvious way that government allows the rich to enable the rest of us to subsidize lavish tastes and luxuries. Ms. Welch’s divorce suit against husband Jack Welch gave us an extraordinary window into the world of executive perks. DCJ tells the legislative history of how owning a private jet can be cheaper, after tax deductions, than flying coach – and how Senators sneaked the provision into the law despite vigorous objections of Sen. Howard Metzenbaum (Chapter 5, "Plane Perks").From A review
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posted by 327.ca at 11:58 AM on April 16, 2006