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Timothy P. Carney: Obama subsidizes private jets for high-flyers abroad

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Americans who own private jets need to pay more in taxes, President Obama argues. So it seems odd that foreign executives riding Gulfstream jets from Shanghai to Mumbai get U.S. subsidies from Obama's favorite export agency. The Export-Import Bank of the United States recently announced a milestone: Under Obama, the agency has subsidized the sale of $1 billion in private jet sales to overseas...

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