New Richmond Airport is on final approach to swipe business from the smaller Twin Cities airports:
A marketing campaign taking off from the New Richmond Regional Airport, with help from the city’s economic development agency, is touting cheaper hangar fees and lower state aircraft registration costs.
Lower…ahem, what? State fees?
“The way Minnesota has it set up, it really penalizes people who buy expensive aircraft,” he said.
Until the DFL starts an “affordable aircraft” initiative, anyway…
The cost to register a new aircraft in Minnesota is 1 percent of the sale price. The fee drops each year for six years until it reaches 25 percent of the original tax or $50, whichever is higher. The cheapest new Cessna single-engine aircraft costs $112,500, which would make the first-year registration $1,125, eventually falling to $281.25.
In Wisconsin, registrations for new aircraft are valid for two years and are based on weight. For smallest planes, those fees range from $60 to $100, with that same Cessna coming in at the low end of the range.
It’ll be interesting to follow up on this in a year or two.
I’m making a note right now…
It’s just making rich people pay their fair share. Until they leave.
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It’s just making rich people pay their fair share. Until they leave.
Isn’t that the goal of the enlightened?
What the New Richmond airporrt cannot offer is the convenience of being closer to one’s destination; they’re far enough away that while a corporation or individual might store their aircraft their if they don’t use it very often, there is no way to shorten the time to get to the Mpls. St. Paul area metro from there.
So……that savings would be offset by the value of the additional time – time = money. I doubt they will be successful, but heck, competition could drive down prices here which would be a good thing.
There are lots of reasons why the ‘rich’ aren’t leaving any time soon; and heck, if they stay then they should pay a reasonable share. It makes a lot more sense than trying to balance budgets on the backs of those least able to pay it – and making those least able to pay far less likely to ever enjoy the American dream.
Look at the growing gap in wealth. We’re losing our middle class, and under conservative agendas the poor are sliding backwards into greater poverty as well.
Happy Valentines Day Mitch, and the Mitchketeers!
Whatever disagreements I may have about politics and economics, I have to give credit where credit is due – a lot of conservatives do seem to have a commendable romantic streak! Hope you are all celebrating that aspect of your characters today!
There are lots of reasons why the ‘rich’ aren’t leaving any time soon
But plenty of them do. Oregon instituted a “millionaire’s tax”; the tax is generating vastly less revenue than initially projected, because the millionaires are leaving.
Just a bit of FACT CHECKING For Dog: Distance between St. Paul and New Richmond is 39.51 miles
http://classic.mapquest.com/maps?1c=Saint+Paul&1s=MN&1y=US&1l=44.944401&1g=-93.093102&1v=CITY&2c=New+Richmond&2s=WI&2y=US&2l=45.1231&2g=-92.5364&2v=CITY
As for We’re losing our middle class, and under conservative agendas the poor are sliding backwards into greater poverty as well.
exactly how does making “the Rich” pay a reasonable share help? Aside from making them go away?
Oh, the logistics of locating in NR are noted in the article.
But the reasons you note for staying in the Twin Cities – convenience, mainly – are most important to business aviators, especially big ones, who can claim the license fees as a writeoff.
For weekend recreational pilots, especially in the wealthy and fast-growing east metro? And maybe some of the smaller business aviation outfits, who run on tight margins?
It’s attractive.
Let’s not forget that the story isn’t really just about New Richmond Airport. It’s about Wisconsin, and its new GOP-dominated government, is aggressively seeking to poach all kinds of business from Minnesota. And if Mark Dayton gets is way, it will work.
And happy valentines day to you too, DG!
if they stay then they should pay a reasonable share
But you do know that the top one, five and ten percent income brackets already pay a disproportionate share of income (and S-corp business) taxes, while a huge percentage of the people pay nothing at all, right?
And we mere middle-class schlubs who work real hard and try to stay ahead of the wolves in times like this are carrying an awful lot of deadwood on our backs, ya?
We passed “fair share” long ago.
Doggy;
“There are lots of reasons why the ‘rich’ aren’t leaving any time soon; and heck, if they stay then they should pay a reasonable share.”
I came from a lower middle class upbringing, where my dad was a union construction worker and my mom worked two jobs to make ends meet and give my siblings and I an excellent, parent involved upbringing. Neither of them had more than a HS level education and both of them always harped on us to get good grades and get a good education so that we didn’t have to work as hard as they did.
My two years of college came as my reward for serving my country in the military. Not that I needed that reward, but it was nice and I didn’t get around to using my full entitlement. I have parlayed that, long hours, road trips away from my family and sweating out making my sales quota every month to make the money that I make today and give my family better than I had, while instilling in my kids the work ethic that it took to acheive my success. As that income grew, my taxes increased, so I pay my fair share. If you can’t figure it out yourself, take a remedial math class.
Consequently, I will be triple damned in hell before I give more of my pay to lazy welfare moochers and entitled liberats like you!
RE: business aviators
The Pilot’s start and end points don’t have to be the same as his passengers / customers.
Its just as easy to have the pilot drive out to NR, pick up the plane and meet his clients at Flying Cloud, Crystal, Lake Elmo, or Holman as it currently is to house the plane in Glencoe, Red Wing or Stanton and fly customers out of those same urban airports – it just costs less.
I will be triple damned in hell
I’m pretty sure they only hand out one per customer.
It’s not just the state registration fee – that’s comparable to the cost of license tabs for your car – it’s all the other costs that make Twin Cities airports unbearable.
I live in St. Paul. Say I bought a 2-seat single-engine airplane, like a 1967 Piper Cherokee for $27,000 (I saw one advertised at Lake Elmo). That’s comparable to what I’d pay a brand-new Harley or a very nice fishing boat/trailer/motor.
But I can store the bike or the boat in my garage. If I store my airplane at the St. Paul airport downtown (an airport controlled by the Metropolitan Airports Commission), I pay their fees per Ordinance 107: rent surcharge, fuel flowage fee, administration fee, waiting list fee, annual rent audit and rent adjustment, special assessments when levied and hanger rent at .6 per square foot. If I’m a businessman, my rent is based on my company income and I might also have to pay a landing fee, non-aviation complimentary business fee, facility acquisition fee . . . you get the idea.
For $450 per month I can rent a hanger in New Richmond. It’s an easy drive on Hwy 36 through Stillwater, over the fun bridge and 4-lane all the way from Somerset to New Richmond, where I deal with people who genuinely want my business rather than view me as a recalcitrant ATM.
In 2008, Minnesota collected $5 million in aircraft registration fees; Wisconsin collected $591,000.
Only an order of magnitude difference? I’d have assumed it was larger.
Oh, and by the way, the drive to New Richmond is quick and easy with two major roads and almost no stops. And considering the time you have to put into a pre-flight checklist it really isn’t much of an overhead adder to the actual time you have to put into it.
Now, consider reality: you’re going up flying. Assume it’s recreational as it usually is for private pilots. You’re going to have to fly out of the TC airspace anyway, so what we’re really stuck with is the difference in flight time to driving time, which given the measly distance isn’t that much.
Plus, Nerdbert, consider the drive time. Say you own that Cherokee I mentioned and you live in Mitch’s neighborhood. Where will you hangar it? Holman? Maybe, but Lake Elmo or Fleming aren’t much farther and are not only non-towered and less busy, they’re cheaper, too.
So you spend 20 minutes driving to Lake Elmo or South Saint Paul instead of 35 minutes driving to New Richmond. Not much difference.
There’s a reason John Kerry parked his yacht in Rhode Island instead of his home state. Same thing with aircraft moving to New Richmond. And heck, if my airplane is there, maybe I should look for housing there, too.
.
Yes Nate, but you should be paying your fair share. It’s rich people like you that make the DFL mission so gosh darned hard.
“I’m pretty sure they only hand out one per customer.”
I don’t know Kermit. You might get an argument from people that know me! 😉
I’m way late to this but Dog is right on this one. I mean the wealthy never go out of their way to avoid paying their ‘fair’ share…
Similar to the airplane story, Senator John Kerry saved a bundle anchoring his yacht in neighboring Rhode Island. http://www.taxdebthelp.com/blog/senator-john-kerry-faces-troubled-water-boating-tax-scandal
And Liberal-Progressive Icon Ba-Bra Streisand is no dummy – she transferred her assets in Vegas to her ne’r do well husband, Dr Steven Kiley, er, James Brolin avoiding millions by exploiting a loophole. http://www.radaronline.com/exclusives/2011/02/barbra-streisand-transfers-millions-dollars-vegas-property-hubby-james-brolin
Even perpetually Canada bound Progressive Alec Baldwin is facing charges of tax evasion. He is relocating himself out of NYC the requisite number of days to avoid his ‘Fair’ share. http://deceiver.com/2011/01/26/alec-baldwins-fair-share-of-taxes-is-more-fair-than-others/
And I’m too tired to note Charlie Rangel or even our Governor JimBeam.
So Dog, once again you are right and the Wingnut Mitchkateers are wrong. Wealthy people won’t go out of their way to avoid paying their ‘Fair’ share. (Only wealthy Progressives do.)