This blog posts about aviation, automobiles, electronics, programming, politics and such other subjects as catch my interest. The blog is based in northern New Hampshire, USA
Monday, March 25, 2013
Pricey Corporate Jet
The new version of the Gulfstream bizjet retails for a mere $64.5 million. Nice plane and all, but how do I explain to my stockholders why I blew $64 million on a bizjet instead of paying it out as dividends? Especially as IRS will make me capitalize it so I cannot even deduct the cost from earnings.