From the Chattanoogan.com:
Alexander Opposes Production Tax Credit, Wind Industry Subsidy
Wednesday, February 15, 2012
In a speech Wednesday on the floor of the United States Senate, Senator Lamar Alexander called on Congress to reject any efforts to “put in the payroll tax agreement a four-year extension of the so-called production tax credit,” calling it “a big loophole for the rich and for the investment bankers.”
Senator Alexander said: “Let's not even think about putting this tax break for the rich in the middle of an extension of a tax deduction for working Americans this week. Let's focus on reducing the debt, increasing expenditure for research, and getting rid of the subsidies.
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Senator Alexander said: “Let's not even think about putting this tax break for the rich in the middle of an extension of a tax deduction for working Americans this week. Let's focus on reducing the debt, increasing expenditure for research, and getting rid of the subsidies.
Read the rest of the story here.