Tax Write Off Jet
Illustration by Nichole Shinn

Private Jets and Car Washes Are the Latest Tax Shields for the Ultrarich

Trump’s tax overhaul solidifies write-offs of certain assets — setting off soaring demand from wealthy Americans.

Business is booming for Dan Hurley, the founder of private jet broker Global Charter.

Across the industry, jet sales are up 11% from a year earlier and 30% from the year before that, according to data collected by Hurley’s company. Now, his team is gearing up for a particularly busy couple months as American buyers race to lock in deals before the end of December.