Sen. Kelly Loeffler, a Georgia Republican now seeking to hold her seat in a crucial runoff election, has been hopping between campaign stops in a multimillion-dollar private jet that she and her husband bought soon after Gov. Brian Kemp appointed her to the Senate last December.
Despite her campaign’s claims that she uses the plane to “save taxpayer money,” Loeffler, a former asset management executive, may well now have joined the “frenzy” of Wall Street money managers who leapt at a loophole in President Trump’s 2017 tax bill that turns private jets into flying tax shelters.