Hello,
This Thursday the Senate Finance Committee is taking up a bill that extends the wind production tax credit, a handout for wind energy producers that distorts our energy markets. It’s long past time for Washington to stop using
the tax code to manipulate our economy and our energy production.
Thankfully, one of your senators sits on the Finance Committee and he or she will have a chance to vote on whether to extend this subsidy.
Click here to email your senator’s office today and urge a no vote on the Wind Production Tax Credit.
This subsidy is actually scheduled to expire at the end of the year. This time it’s easy for Congress to do the right thing: just do nothing, and these wasteful subsidies will expire as planned.
These types of energy subsides are poor policy. Just look at the subsidies for ethanol, which despite decades of preferential treatment is still not self-sustaining. Or look at the hundreds of millions of taxpayer dollars
wasted on green energy companies like Solyndra, Beacon Power and Ener1, all of which are now bankrupt.
The wind power industry itself said they only needed taxpayer support for a little while to help them get off the ground. That was 20 years ago, and we’re still providing a $5 billion special tax subsidy each year for an industry
that supplies just over 2% of our power.
It’s time for this subsidy to end.
Click here to email your senator’s office today and urge a no vote on the Wind Production Tax Credit.
Related Posts:
CONGRATULATIONS to Merv for all his hard work bringing economic freedom and liberty to Reedsport!
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This Thursday the Senate Finance Committee is taking up a bill that extends the wind production tax credit, a handout for wind energy producers that distorts our energy markets. It’s long past time for Washington to stop using
the tax code to manipulate our economy and our energy production.
Thankfully, one of your senators sits on the Finance Committee and he or she will have a chance to vote on whether to extend this subsidy.
Click here to email your senator’s office today and urge a no vote on the Wind Production Tax Credit.
This subsidy is actually scheduled to expire at the end of the year. This time it’s easy for Congress to do the right thing: just do nothing, and these wasteful subsidies will expire as planned.
These types of energy subsides are poor policy. Just look at the subsidies for ethanol, which despite decades of preferential treatment is still not self-sustaining. Or look at the hundreds of millions of taxpayer dollars
wasted on green energy companies like Solyndra, Beacon Power and Ener1, all of which are now bankrupt.
The wind power industry itself said they only needed taxpayer support for a little while to help them get off the ground. That was 20 years ago, and we’re still providing a $5 billion special tax subsidy each year for an industry
that supplies just over 2% of our power.
It’s time for this subsidy to end.
Click here to email your senator’s office today and urge a no vote on the Wind Production Tax Credit.
Related Posts:
CONGRATULATIONS to Merv for all his hard work bringing economic freedom and liberty to Reedsport!
Basic American Rights Seminar sponsored by AFP Foundation
AFP Friedman Legacy for Freedom Day
Sixth Annual Gathering of the Eagles August 4th
Americans for Prosperity Meeting July 11, 2012
Final Push to Qualify Repeal of the Death Tax for Ballot
Oregon Ranks 45th for Economic Outlook
AFP Memorial Day Training for Activist
Americans for Prosperity June 14, meeting
Americans for Prosperity Monthly Meeting AFP
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