How Much Will It Cost to Repeal the ‘Oil Subsidies’?

By: Steve Maley (Diary)  |  May 9th at 03:30 PM  | 

This week, the Senate is set to consider the repeal of certain provisions of the tax code as they relate to the oil and gas industry. By styling these tax breaks as “subsidies”, the Administration and other opponents of the industry wrongly equate them with the benefits enjoyed by ethanol, wind and solar energy. But the tax credits for alternative energy production are true subsidies, | Read More »