Saturday, February 18, 2012

Wind Subsidies--the Production Tax Credit is Opposed by Senator Lamar Alexander

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.

Read the rest of the story here.

No comments:

Post a Comment