Who besides the GOP would resurrect government money for ridiculous “green” “energy” – which is neither green nor energy? To the tune of tens (if not hundreds) of billions of dollars more down the juice-less rat hole.
Tagged: Tax Credits
When you read a headline such as one from CNBC touting “Solar power’s stunning growth,” realize that it’s thanks to you—even if you’ve never even thought of putting solar panels on your roof or live in an apartment where you couldn’t install them if you wanted to. If you live in the United States, vote, pay taxes, and get your electricity from a utility company, you’ve helped the solar power industry. You support the solar industry through a variety of tax and regulatory policies—voted in by politicians you elected—that favor it over other lower-cost forms of electricity generation.
Musk once showed he knew how to fill a market niche, but lately he has specialized in taking the easy way to more wealth, bilking taxpayers out of billions of dollars through various crony socialist schemes requiring generous state and federal subsidies doled out to his high tech money-losing efforts.
The Supreme Court’s ruling in the case of King v. Burwell will come out within the next three months. Because the Obama administration did not follow its own law as passed by congressional Democrats and signed by President Obama, that decision will turn Obamacare inside out, creating chaos in health insurance and health care.
Increasingly over the past decade both federal and state governments have given special subsidies to, provided tax advantages for and mandated the use of solar energy as a solution to environmental concerns and the need for greater domestic energy independence.
Chris Jacobs, policy director of America Next, discusses the think tank’s market-based proposal for what Congress should pass to replace Obamacare. The key elements of the America Next plan are simplified tax credits that can be used to purchase coverage, and elimination of federal mandated benefits that drive up health insurance premiums.
Research Fellow Sean Parnell talks with Jeff Anderson, Executive Director of the 2017 Project. The two discuss Anderson’s organization’s plan for replacing Obamacare with a more market-friendly system. The 2017 project is based on a combination of tax credits, reform of the individual insurance market, and high-risk pools.
Rewards of tax dollars for the renewable energy industry are so great it takes tax experts days of explanations to locate all possibilities. Additional subsidies are available from the federal government in forms of tax credits, loan guarantees, grants, and possible mandates for energy source use.
Joseph Bast, President of the Heartland Institute and Dr. Herbert Walberg, chairman of the Board of Directors of the Heartland Institute discuss their book Education and Capitalism: How Overcoming Our[…]