Reduced Taxes on Airline Tickets

Jul 23, 2011

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

I have to be honest, I haven’t been closely following the drama in Washington over the budget, but I did read an interesting blog post from Gary at View from the Wing about the the possibility of less taxes being collected on airline tickets. And as of today, fewer government taxes on airline tickets, which is great news to consumers.

I can vouch for this firsthand, because yesterday I booked two domestic airline tickets on and the the fee breakdown was:

Fare:        442.79 USD
Tax:          43.91 TX
Total:       486.70 USD

The same exact itinerary today:

Fare:        433.49 USD
Tax:           7.00 TX
Total:       440.49 USD

Luckily Delta allows 24 hour risk-free cancellations, so I re-booked the itinerary at the lower rate (plus the fare dropped – whether that was due to the tax implications, I do not know) and then canceled my more expensive itinerary, saving me $92.42. Not bad!

If you are in the market for airline tickets, today could be a good day to make your bookings and take advantage of these savings. I’m not sure what the savings would be on an international ticket, but saving 10% was a nice little bonus for me since fares have been sky-high this summer!

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.