By Jason Hughey From Barack Obama to Elizabeth Warren to Warren Buffett, we have been barraged over the past year with the outlandish claim that, “the rich need to pay their fair share.” The problem? The rich already pay much higher shares of taxes than anyone else. The evidence is simply overwhelming on this issue. [...]
By Christine Harbin The main federal tax break for wind energy, the production tax credit (PTC), is set to expire in at the end of next month, and the debate over whether Congress should extend it is far from settled. With the wind lobby out in full force in Washington right now, it’s important to [...]
Today Americans for Prosperity is leading a huge coalition of 88 organizations to express strong opposition to extending the federal Wind Production Tax Credit.
The Senate Finance Committee recently passed a measure that would renew and dramatically expand several targeted tax credits for renewable energy, including wind power.
In January 2013, the nation faces the prospect of more than $495 billion in tax hikes. This impact would blunt the already historically slow economic recovery. Thankfully, Congress has an opportunity to stop the nation from going over the cliff. Check out the infographic in this post...
On October 11, Thomas Barthold, chief of staff of the Joint Committee on Taxation (JCT) sent a letter to Senators Max Baucus and Orrin Hatch. The letter detailed a hypothetical tax policy experiment that Barthold designed in which a number of tax credits and deductions were eliminated along with simultaneous decreases in the personal income rates.
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