Don’t cry because you’re not going to Aspen this year, smile because a ski family might avoid paying some taxes by flying there privately. Bloomberg reported yesterday that ultra-wealthy Americans are taking full advantage of a new rule in the One Big Beautiful Bill Act that allows them to completely write off certain high-value assets.

ICYMI: President Trump’s landmark legislation expanded a tax break known as bonus depreciation, which now lets business owners deduct 100% of certain purchases from their taxable income. Eligible splurges include yachts, cars, racehorses, and private jets—as long as they’re used for business more than half of the time. Demand is climbing:

Sales of private jets are up by 11% from this time last year, according to data from the jet broker Global C

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