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DON'T MISS THIS report is from The Institute for Policy Studies a multi-issue research center conducting path-breaking research on inequality for more than 20 years; It examines the ultimate excess -- the private jet --how they are publicly subsidized, the security threats they pose, and the detrimental environmental impact they present. THE KEY FINDINGS. The IPS website provides an online portal into all things related to the income and wealth gaps that so divide us, in the US and throughout the world. Some major facts; The private jet lobby spent $56 million lobbying to save over $1 billion in annual taxes;The tax cut package under in the Senate maintains and expands the private jet tax carve-out, while the GOP budget plan increases fees on commercial airline passengers; A single private jet trip burns more greenhouse gases than the average American does in a whole year.