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  • Posted on 22nd Sep, 2022 22:31 PM

Inventions, Profitability - Flying Higher - Entrepreneur.com

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Travel costs are heading skyward: Federal laws passed byCongress last summer increased taxes on international airlinetickets and could inflate costs for travelers buying tickets fordomestic flights or redeeming frequent-flier miles.

"The total impact of this new tax package means that overthe next five years, taxes on air travel will increase from $30billion to $34 billion," says David A. Fuscus of the AirTransport Association. But just how much of that tax will getpassed on to consumers remains to be seen.

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