February 9, 2013

TIM CARNEY: Obama assails special-interest tax breaks, offers special-interest tax breaks.

President Obama spoke three days ago about ending “loopholes and deductions that aren’t available to most Americans.”

The Obama administration yesterday, however, “announced the availability of $150 million in Advanced Energy Manufacturing Tax Credits for clean energy and energy efficiency manufacturing projects across the United States.”

These tax credits have gone, in eight-figure amounts, to politically connected companies like Cree, GE, and Siemens. Have you gotten one?

By the way, let’s repeal the Hollywood Tax Cuts! It’s time for Hollywood to pay its fair share!