In addition to the “Bush tax cuts,” there are also other important measures that expire at the end of 2012 that we should scrutinize. One big one is the wind power production tax credit, and the uncertainty over its extension is already hurting the industry.
|By: David Dayen Friday May 18, 2012 6:45 am|
Neoliberals and conservatives will get to trot out their favorite phrase, “trade war.” And to be sure, there’s a jobs vs. environment question to be asked about this latest move by the Obama Administration. But the Commerce Department has moved ahead with slapping high tariffs on Chinese solar panels.
|By: David Dayen Tuesday May 8, 2012 12:00 pm|
Perhaps showing concern about the softening economic forecasts of recent months, President Obama has provided a to-do list for Congress that would, in his words, “create jobs and help restore middle class security.” The to-do list includes several ideas from the American Jobs Act and subsequent legislation proposals announced in recent months, but there’s a curious omission.
|By: Steve Horn Tuesday April 24, 2012 5:12 pm|
|By: Phoenix Woman Sunday April 22, 2012 5:00 pm|
|By: Phoenix Woman Friday February 24, 2012 8:00 pm|
“The Isla Waters” – “The song was composed by Martin and Andy around a fragment sung by Andy’s grandfather, who was born in Glen Isla in 1900. It tells of a crofter whose life was made difficult by the fact that his local ‘ale hoose’ was across the river from his croft, but miles from the nearest bridge. Crossing to the inn on stepping-stones was easy enough in daylight when sober, but returning after a night of song and powerful whisky was an entirely different matter.”
|By: David Dayen Monday February 20, 2012 10:15 am|
House Majority Leader Eric Cantor claims to be soldiering on with a new set of jobs bills, necessary because the GOP has become defined by their attention to culture war issues rather than what brought them to the House majority. But these plans are either small beer or just another manifestation of the “tax cuts forever” ideology that’s so fashionable in Washington.
|By: David Dayen Sunday January 1, 2012 7:00 pm|
The $6 billion-a-year ethanol subsidy really will expire in a matter of days. But that may not spell the end of ethanol-based tax credits. Specifically, the $1.01-a-gallon production tax credit for cellulosic ethanol – made from switchgrass or wood chips or corn husks – is a priority for the renewable fuels industry. That production tax credit does not expire until next year, and the industry wants a five-year extension.
|By: David Dayen Wednesday December 21, 2011 7:30 am|
The President showed up unscheduled at a White House briefing today to excoriate House Republicans for fouling up a Senate deal on a stopgap measure to extend the payroll tax cut, unemployment benefits and a doctor’s reimbursement fix. But there are a number of other measures that also will not get extended into next year, including the production tax credit for wind energy.
|By: David Dayen Friday December 16, 2011 1:15 pm|
OK, they’re not outwardly advocating this. But that’s the practical effect of demanding that the provision on Keystone XL get included in any end of the year deal to extend the payroll tax cut and unemployment insurance.