Mad Scientist
Feels Good!
- Sep 15, 2008
- 24,196
- 5,431
- 270
A Smart person would say: "Hey! Since HE only pays 1 Percent Tax, that's all I'm paying too! F*ck the IRS!"
A Stupid person would say: "Hey! He's not paying enough Taxes! Take his money and throw him in Jail!"
Sidebar: He owns two British Folland Gnats which are subsonic, so the article is wrong on that point. Also, he apparently bought them for 200K a piece which is pretty good. You can buy Soviet cold war era fighters for 50K and up. Contrast that with a WWII P-51 which starts around 1.5 Million in airworthy condition.
The REAL Expensive Part is: Maintenance and Cost of Operation.
You can't take these planes to an "Aviation Jiffy Lube" because none exist. You have to find Mechanics who know how to work on them and Inspectors willing to sign off on the work performed.
I'll bet this guy has spent MORE than 200K maintaining both planes, if both are airworthy at the same time. Maybe one is used for parts? I dunno'.
That's all money that is spent in the local Economy providing Jobs for people.
A Stupid person would say: "Hey! He's not paying enough Taxes! Take his money and throw him in Jail!"
Sidebar: He owns two British Folland Gnats which are subsonic, so the article is wrong on that point. Also, he apparently bought them for 200K a piece which is pretty good. You can buy Soviet cold war era fighters for 50K and up. Contrast that with a WWII P-51 which starts around 1.5 Million in airworthy condition.
The REAL Expensive Part is: Maintenance and Cost of Operation.
You can't take these planes to an "Aviation Jiffy Lube" because none exist. You have to find Mechanics who know how to work on them and Inspectors willing to sign off on the work performed.
I'll bet this guy has spent MORE than 200K maintaining both planes, if both are airworthy at the same time. Maybe one is used for parts? I dunno'.
That's all money that is spent in the local Economy providing Jobs for people.