The new tax law gives a big boost for private jets, allowing buyers to write off the entire purchase price immediately. Robert Joe was mentioning this earlier. It is known as bonus depreciation.It allows companies to write off 100% of the purchase price of all capital equipment and that does include private jets that are used for business. Now, the new budget law brings back bonus depreciation. That was originally passed in 2017, but it started to phase out.So, here's what it means. The full purchase price ...