Carney Grilled About Middle Class Jobs Lost In Corporate Aviation Industry
QUESTION: There are tens of thousands of people who are middle class workers who work in corporate aviation. My question is, including several tens of thousands in Kansas, Washington, Oklahoma. They are very worried about this president’s comments about eliminating the tax exemption. Because, in their words, every time it’s been eliminated before, there has been layoffs; there have been layoffs in Kansas since the President started mentioning this in the corporate aviation area. These are middle class workers. What would you say to them?
CARNEY: I would say that making budgets and choices about deficit reduction always involves difficult choices. When it’s a choice between laying teachers off, or affecting our national security, or in a broader scheme, reforming our tax code in a way that eliminates these special interest tax breaks, or subsidies. That is a better option than voucherizing Medicare or cutting education investment, or throwing kids off of Head Start.