Go Back   SZONE.US Forums > Current Events > News > Americans For Prosperity

Americans For Prosperity Americans for Prosperity (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state and federal levels. The grassroots members of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint.

Americans For Prosperity

When it Comes to Corporate Welfare, the Energy Industry Isnít Shy About Taking Handou

Thread Tools Search this Thread Rate Thread
Unread 08.02.19, 10:15 AM
@AFPhq @AFPhq is offline
Join Date: 04.09
Posts: 1,840
When it Comes to Corporate Welfare, the Energy Industry Isnít Shy About Taking Handou

08.02.19 05:23 AM

Tax extenders are ďtemporaryĒ tax breaks for well-connected companies and industries. Of course, there is nothing temporary about them: Year after year, these political favors are expected to be renewed by lawmakers, rendering them less a measure for emergency situations than a permanent fixture of the tax code. Nothing is so permanent as a temporary government program, as Milton Friedman once observed. The same can be said of Washingtonís tax extenders. And Washington has a lot of them. Just ask the energy industry. Whether itís in renewable or non-renewable energy production, Washington isnít shy about subsidizing producers and picking winners and losers in the marketplace Ė always at the expense of hardworking taxpayers. Alternative fuels*benefits*from corporate welfare Take biofuels ó fuel from plant matter, typically ethanol made from corn ó which the government both mandates and subsidizes. Ethanol tax credits are among the most significant energy-related expenditures in terms of revenue forgone. One such tax credit comes from the Energy Policy Act of 2005, which grants a 30% credit for property that dispenses alternative fuels, such as ethanol (E85) or electricity for battery-powered vehicle charging stations.* Businesses can receive up to $30,000 in tax relief from this credit. Year after […]

The post When it Comes to Corporate Welfare, the Energy Industry Isnít Shy About Taking Handouts** appeared first on Americans for Prosperity.

Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Rate This Thread
Rate This Thread:

All times are GMT -8. The time now is 10:26 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright ©2007 - 20017 SZONE.US All rights reserved