
Globalization
Promoting airport privatization in the U.S.
Robert Poole proposes privatizing airports in the U.S. with two tax changes: eliminating tax-exempt bonds prior to a change in control and allowing private tax-exempt bonds in leased airports. Privatization has proven to increase airlines, reduce fees, improve productivity and passenger satisfaction. The 2018 Airport Investment Partnership Program Act eases regulation and encourages long-term leases with partnerships.