Traveling for the holidays? Trying to find the best price on airfare is complicated enough to be a full-time job.
All is calm, all is bright and so is booking the cheapest flight. As the holiday season approaches, travelers are booking flights by the second to visit loved ones. Last year, around 112 million Americans traveled for Christmas alone.
Trying to find the best price on airfare is complicated enough to be a full-time job. More so, air travelers can't just budget for the sticker price when they fly. They also have to pay a host of taxes and fees on top of the base price.
According to the Tax Foundation, the U.S. government charges an excise tax on all domestic travel of 7.5%, as well as a Flight Segment Tax of $4.20 and September 11th tax of $5.60. In addition, almost all airports have a Passenger Facility Charge (PFC) designed to cover the costs of maintaining and improving airports.
So, if you can’t wait to sink your teeth into Grandma’s warm apple pie, just know that taxes might impact how much it costs to get there.
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