Monday, September 10, 2012

Disinherit the Wind

The federal wind production tax credit (PTC) is scheduled to expire at the end of this year, offering the country a real chance to end the failed 20-year experiment of propping up a favored industry. Not surprisingly, proponents of the special tax break are working mightily to have it renewed. Conservatives and free-market advocates across the country are mobilizing to end this special tax treatment, and thus begin to restore an even playing field in energy markets.
Americans for Prosperity is just one member of a coalition of 64 organizations that is calling on Congress to let the wind PTC expire. The organizations differ in size and scope. Some have millions of members across the country; others are small, local outfits focused on stopping wind developers from installing turbines in their hometowns. Some are tea-party groups intent on restoring the federal government’s limited size and scope; others are nationally focused, driven by concern about the government’s stranglehold on the energy market. But they all have one thing in common: They agree that it’s time to end special tax treatment for wind-energy production.

Read more: http://www.nationalreview.com/articles/316347/disinherit-wind-james-valvo

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