Old 08-27-2010, 12:11 PM
  #5  
Grumble
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Joined APC: Nov 2009
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Originally Posted by TonyWilliams View Post
I don't think the states are regulating flight instruction.. they are taxing a bona fide business, that happens to be flight instruction.

At least attempt to define the issue, if you hope to mitigate it.
Read the details of the California law. Never mind they've taxed themselves retarded (and broke), but it's going to eliminate the solvency of every flight school. It's a death tax to the business under the guise of "protecting" students from shadey flight schools that will take a lump sum and go under. Another gov't attempt to protect us from ourselves. It will make owning/operating a flight school in the state of California financially impossible unless you own your aircraft, buildings, and facilities outright.
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