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(CNN)   This should be fun, Congress asks airlines to pass tax savings onto the passenger   (cnn.com) divider line 119
    More: Hero, airlines, saves, passengers  
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9147 clicks; posted to Main » on 27 Jul 2011 at 3:12 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



119 Comments   (+0 »)
   

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2011-07-27 12:19:21 PM
I wondered where the hysterical laughing was coming from...
 
2011-07-27 12:22:16 PM
That will go over about as well as when the banking industry was asked to distribute/lend all those TARP funds out to small businesses and individuals in order to ease the financial crisis.
 
2011-07-27 12:25:11 PM
Shouldn't they be using those tax savings to create jobs?

I was told tax savings created jobs.
 
2011-07-27 12:28:22 PM
i191.photobucket.com
 
2011-07-27 12:31:51 PM
That's a good one. Congress does help Fark with the best headlines.
 
2011-07-27 12:35:32 PM
I prefer to fly Free Market Airlines!

i52.tinypic.com
 
2011-07-27 02:02:21 PM
Surprise. Corporations and executives were caught lying.

I'm shocked.

. . . not really.
 
2011-07-27 03:01:58 PM
Wow. Congress agrees on something. HOLY SHIAT!!!!!

*dives under desk*
*waits for armageddon*
 
2011-07-27 03:15:44 PM
[ohwaityoureserious.jpg]
 
2011-07-27 03:15:56 PM
faqsmedia.ign.com
 
2011-07-27 03:16:36 PM
there will be a fee and surcharge for passing on savings
 
2011-07-27 03:17:19 PM
neaorin: [ohwaityoureserious.jpg]

Damn you and your 12 seconds.
 
2011-07-27 03:17:51 PM
Did they take chartered planes to their ski resorts to agree on this?
 
2011-07-27 03:18:45 PM
Aarontology: Shouldn't they be using those tax savings to create jobs?

I was told tax savings created jobs.


You sound socialist! How dare you!
 
2011-07-27 03:18:58 PM
Live 40 miles from the airport--but now I know what that noise was... Laughter..
 
2011-07-27 03:19:05 PM
Wow, the extremely rare sighting of a thought extinct beast--a Hero tag for Congress.

What will their lobbyist masters say?
 
2011-07-27 03:19:34 PM
So are you saying that companies don't pass on savings to the customers?
 
2011-07-27 03:19:36 PM
Congress tries to turn rape victims into prostitutes. Gate rape isn't rape if you get paid.
 
2011-07-27 03:19:51 PM
This is real farking funny to me. We had a flight from DFW to richmond at 8am this morning. At 730, we found out that they canceled the flight at 545, but never announced it. They also moved everyone else to other flights, but not us. We got bounced from flight to flight, it's now 218pm, our flight gets in richmond at 1015 pm. By that time, we well have ben up for 33 hours, 26 of that spent in an airport or flying. fark you, american airlines. They didn't even offer compensation. I'm gonna write such an angry email to the VP, consumerist, ceo, and anyone else who's info I can get.
 
2011-07-27 03:20:35 PM
The airlines could have passed along the savings to air travelers. But instead, most airlines raised their base ticket prices at amounts equal to, or similar to, the expired tax.

What the hell did you expect a corporation to do with the tax cut? Hire some workers? Employee bonuses? Pass the savings on to the consumer? The right thing? Any or all of the above? The only thing of note here is apparently this is news to politicians of both sides:

That has prompted outrage from both Republican and Democratic lawmakers

Duh?
 
2011-07-27 03:21:59 PM
CtrlAltDestroy: neaorin: [ohwaityoureserious.jpg]

Damn you and your 12 seconds.


He didn't post the actual picture. You did. So look at it more like he tapped the ball up in the air, and you jumped up and spiked it.
 
2011-07-27 03:22:10 PM
I'm sure Congress micro-managing price decisions has no repercussions whatsoever.
 
2011-07-27 03:22:37 PM
You'd think Congress didn't have anything else to do.

Oh, wait.
 
2011-07-27 03:22:44 PM
HAHAHAHAHAHAHAHA---AAAAAAAAHAHAHAHAHAHAH ohmygod-ohmygod...I....I-ah-....HAHAHAHAHAHAHAHAHA

Saborlas: I wondered where the hysterical laughing was coming from...

It was me. It was coming form me.
 
2011-07-27 03:22:51 PM
"Customers are not impacted and are paying the same ticket prices they were last week," ATA spokesman Steve Lott said. "As we have done for months, we strongly urge members from both chambers of Congress to meet together and resolve their differences in order to enact a long-term FAA reauthorization bill."

Insult to injury adds airline spokeshole Stevie Lott-o. Ballsy move, Chuckles.
 
2011-07-27 03:23:30 PM
Congress doesn't understand how the economics of capitalism work at all, do they?
 
2011-07-27 03:24:35 PM
So if lower taxes results in higher prices, let's try more regulation and breaking up businesses.

If prices go down, it means the government isn't as evil as I've been led to believe.
If prices stay the same, it means regulations aren't hurting the consumer.
If prices go up, the net effect is still the same (higher prices) as lowering taxes so let's do the one that doesn't lead to bankruptcy (assuming prices rise at the same rate under regulation as they do under tax cuts).

/Goes to sit in the corner for being a commie
 
2011-07-27 03:25:33 PM
"Customers are not impacted and are paying the same ticket prices they were last week," ATA spokesman Steve Lott said.

Bullsh*t!
How can he even say this with a straight face? The airlines themselves announced they were raising the ticket prices to make up for the lost tax.
 
2011-07-27 03:25:46 PM
3.bp.blogspot.com

Corporations pass taxes onto consumers, but not tax savings. More at 11.
 
2011-07-27 03:25:58 PM
Only Alaska Air (ALK), Spirit Airlines (SAVE) and Virgin America Airways, so far, have decided to keep their fares the same and pass on tax savings to consumers. Virgin is marketing the savings with a campaign call "Evade Taxes, Take Flight.

One of many reasons Virgin is awesome.
 
2011-07-27 03:26:27 PM
Wait, Congress gets the Hero tag? And they deserve it?

Here's the card they got back from the carriers:

cf.sketchfu.com
 
2011-07-27 03:27:20 PM
lennavan: The airlines could have passed along the savings to air travelers. But instead, most airlines raised their base ticket prices at amounts equal to, or similar to, the expired tax.

What the hell did you expect a corporation to do with the tax cut? Hire some workers? Employee bonuses? Pass the savings on to the consumer? The right thing? Any or all of the above? The only thing of note here is apparently this is news to politicians of both sides:

That has prompted outrage from both Republican and Democratic lawmakers

Duh?


Interestingly enough, the is actually why a higher tax rate would be a good idea. If the airlines and those who owned them had to pay more taxes, then they'd realize that penny-pinching wouldn't earn them much extra, so they wouldn't feel the need to shaft everyone they deal with. High tax rates in the 50s and 60s actually encouraged companies to provide far more generous across the board pay packages than we currently have in the US.
 
2011-07-27 03:27:41 PM
Car_Ramrod: Only Alaska Air (ALK), Spirit Airlines (SAVE) and Virgin America Airways, so far, have decided to keep their fares the same and pass on tax savings to consumers. Virgin is marketing the savings with a campaign call "Evade Taxes, Take Flight.

One of many reasons Virgin is awesome.


Yep.

They have my loyalty because they're not douchebags.
 
2011-07-27 03:28:19 PM
Now the true lulz will be had when the taxes come back. I'm betting the airlines pass that additional cost on to the customers. I'm callin it now.
 
2011-07-27 03:28:22 PM
Heron: HAHAHAHAHAHAHAHA---AAAAAAAAHAHAHAHAHAHAH ohmygod-ohmygod...I....I-ah-....HAHAHAHAHAHAHAHAHA

Saborlas: I wondered where the hysterical laughing was coming from...

It was me. It was coming form from me.


ok, I'm lazy. FTFM
 
2011-07-27 03:29:03 PM
This just goes to show you that airlines dont have enough lobbyist in D.C.
 
2011-07-27 03:30:07 PM
The tax holiday could save passengers $25 to $50 on a typical flight. Collectively, the taxes amount to about $200 million a week, the government says.

So the teabaggers are willing to forgo $200 million a week over a fight to cancel a program that costs $100 million a year. Wow!
 
2011-07-27 03:30:35 PM
JesusGaveMuhammadAFacial: This is real farking funny to me. We had a flight from DFW to richmond at 8am this morning. At 730, we found out that they canceled the flight at 545, but never announced it. They also moved everyone else to other flights, but not us. We got bounced from flight to flight, it's now 218pm, our flight gets in richmond at 1015 pm. By that time, we well have ben up for 33 hours, 26 of that spent in an airport or flying. fark you, american airlines. They didn't even offer compensation. I'm gonna write such an angry email to the VP, consumerist, ceo, and anyone else who's info I can get.

Let's say you got to the airport at 6am. Woke up at 5am. You'll land in Richmond, VA at 10:15pm. Correcting for time zone differences, you'll be landing at 9:15 DFW time.

So you'll have been up for about 16 hours, not 33 hours.

How do you calculate that you'll have been up for 33 hours?
 
2011-07-27 03:31:36 PM
Car_Ramrod: Only Alaska Air (ALK), Spirit Airlines (SAVE) and Virgin America Airways, so far, have decided to keep their fares the same and pass on tax savings to consumers. Virgin is marketing the savings with a campaign call "Evade Taxes, Take Flight.

One of many reasons Virgin is awesome.


I think a better add campaign would be "Save some money and ride a Virgin."
 
2011-07-27 03:31:59 PM
lennavan: Now the true lulz will be had when the taxes come back. I'm betting the airlines pass that additional cost on to the customers. I'm callin it now.

Most definitely! Then they'll play it off as a tax increase and not a price increase.
 
2011-07-27 03:33:21 PM
Why would they hire new people? these "tax savings" are temporary.

they raise the base ticket price to be equal to the original price with the tax = we see the same price.
 
2011-07-27 03:35:15 PM
lennavan: Now the true lulz will be had when the taxes come back. I'm betting the airlines pass that additional cost on to the customers. I'm callin it now.

Same conclusion I came to. Anyone who believes otherwise is just putting their head in the sand.

/still won't fly unless they stop raping people in the security theater.
 
2011-07-27 03:35:24 PM
JesusGaveMuhammadAFacial: This is real farking funny to me. We had a flight from DFW to richmond at 8am this morning. At 730, we found out that they canceled the flight at 545, but never announced it. They also moved everyone else to other flights, but not us. We got bounced from flight to flight, it's now 218pm, our flight gets in richmond at 1015 pm. By that time, we well have ben up for 33 hours, 26 of that spent in an airport or flying. fark you, american airlines. They didn't even offer compensation. I'm gonna write such an angry email to the VP, consumerist, ceo, and anyone else who's info I can get.

Just start yelling "BOMB" at the airport, someone will be right over to help you out.
 
2011-07-27 03:36:42 PM
So much for the argument that dropping taxes makes things cheaper.
 
2011-07-27 03:36:44 PM
Let's see, according to the anti-tax crowd, companies will shed jobs if you raise taxes on them, and according to the pro-flat tax crowd, if you reduce taxes on companies they pass the savings onto the consumer rather than hiring.

I'm confused.
 
2011-07-27 03:37:56 PM
Cubansaltyballs: Car_Ramrod: Only Alaska Air (ALK), Spirit Airlines (SAVE) and Virgin America Airways, so far, have decided to keep their fares the same and pass on tax savings to consumers. Virgin is marketing the savings with a campaign call "Evade Taxes, Take Flight.

One of many reasons Virgin is awesome.

Yep.

They have my loyalty because they're not douchebags.


I try to fly only Jetblue or Virgin when possible. They are both cool airlines.
 
2011-07-27 03:39:02 PM
bdub77: [3.bp.blogspot.com image 200x150]

Corporations pass taxes onto consumers, but not tax savings. More at 11.


How much government cash does it take to turn a Corporation into a brach of the government?
 
2011-07-27 03:39:21 PM
Is anyone surprised the airlines raised their prices so they could keep the tax money for themselves? Rule of Acquisition 231 Never Lower Your Prices.

/Congress needs to STFU and raise the debt ceiling before our national credit rating tanks.
 
2011-07-27 03:40:38 PM
neversubmit: bdub77: [3.bp.blogspot.com image 200x150]

Corporations pass taxes onto consumers, but not tax savings. More at 11.

How much government cash does it take to turn a Corporation into a brach of the government?


are you suggesting a government transportation company.. say like amtrak? cause if you are.. I could use a good laugh.
 
2011-07-27 03:40:46 PM
Wake me up when they propose a binding legislation. How likely do you think the airline industry is to listen to what Congress "thinks they should do"?
 
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