Monday, April 13, 2009

Bad Idea: Tax Credit for Alternative Fuels

International Paper gets $71.6M tax credit

Before they used wood chips as an energy source, add a few gallons of diesel and you get a nice big tax credit.

Paper Companies Gaming the Tax Credit System?

Pulp Nonfiction

"Thanks to an obscure tax provision, the United States government stands to pay out as much as $8 billion this year to the ten largest paper companies"

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