5/16/2008

In 1972, the government received about 7% of the price of a domestic round-trip ticket through taxes and fees. Today, that figure has ballooned to 20%. "When the government decides to throw another tax on passengers, that is greatly hurting an already financially hurting industry," said an Air Transport Association representative. "We've long said that we are one of the most overtaxed industries, and we now are dealing with record-level fuel increases. The airline industry is in a worse financial situation than it was on 9/11."

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