More Tax Credits?

Now consumer companies are looking to get in on the Federal climate tax credit scam, this effort centering on “clean” energy claims.

More than 40 companies, including consumer brands such as Airbnb Inc, Lyft Inc, Sierra Nevada Brewing Co, and IKEA, are calling on Congress to adopt federal energy legislation to provide additional financial incentives for clean-energy projects such as wind turbine farms and solar installations.


They called for federal tax credits for developers and suppliers of major wind, solar, nuclear, and energy-storage projects, as well as for electric vehicles and charging-station tax credits, which could benefit company-run fleets.

Here’s a thought—work with me on this; it’s a concept new to politicians and to the Left generally: eliminate corporate taxes altogether (their customers are the ones paying those taxes anyway in the form of higher prices) and lower individual income tax rates to a single, low flat rate on all income regardless of source. Get our tax code completely out of the social engineering business, and tax credits (along with subsidies, deductions, the rest of the froo-froo) become irrelevant.

Businesses and people then could go about their decision-making based on what’s best for each of them without having to worry about what’s best for them from a Government taxing perspective.

Those decisions, naturally, would include businesses’ and citizens’ own assessment of the importance of such things as climate concerns, instead of having those concerns and their spending choices dictated to them by Know Betters.

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