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Galraedia

(5,015 posts)
Tue Jul 31, 2012, 12:39 AM Jul 2012

Mitt Romney Would End Wind Energy Tax Credit

Source: Huffington Post

Mitt Romney would end a tax credit for wind energy producers if he's elected, his campaign confirmed to the Des Moines Register Monday, setting a clear contrast with President Barack Obama on the issue.

"He will allow the wind credit to expire, end the stimulus boondoggles, and create a level playing field on which all sources of energy can compete on their merits," Iowa campaign spokesman Shawn McCoy said in a statement to the paper. "Wind energy will thrive wherever it is economically competitive, and wherever private sector competitors with far more experience than the president believe the investment will produce results."

Support for the wind energy tax credit could be a big issue in Iowa, which has the highest number of wind energy jobs in the country, according to the Register.

Romney joins a number of other Republicans in opposing the tax break, under the argument that it costs too much -- around $1.6 billion this year -- and props up businesses with government subsidies.

Read more: http://www.huffingtonpost.com/2012/07/30/mitt-romney-wind-energy-tax-credit_n_1721369.html?utm_hp_ref=politics

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Mitt Romney Would End Wind Energy Tax Credit (Original Post) Galraedia Jul 2012 OP
'Level playing field' elleng Jul 2012 #1
SO, he is gonna kill the tax credits gas companies get too? pansypoo53219 Jul 2012 #2
Or the deplection allowances oil companies get? jerseyjack Jul 2012 #16
What a stink'n SOB SoapBox Jul 2012 #3
Does that mean it would get the blowhards over on fox news to shut up? If so then I support it!!! cstanleytech Jul 2012 #4
"Idiot Wind", Mit has a monopoly. Nambe Jul 2012 #5
Someone should check his donor list to see if big oil is willing to give up their subsidies... freshwest Jul 2012 #6
Bain Energy Companies Betty Jo Jul 2012 #7
Those AsahinaKimi Jul 2012 #8
And the ethanol subsidy ? n/t PoliticAverse Jul 2012 #9
Is it me, or is this HUGE? Time to really tackle energy and the free ride for the oil companies. SleeplessinSoCal Jul 2012 #10
Energy is a question of national security. It must be nationalized. nt onehandle Jul 2012 #15
I agree. It should have been done after WW2. How do you get most Americans' support today? SleeplessinSoCal Jul 2012 #17
Let's find out how much Mitt and his buddy donors have into dirty energy. truthisfreedom Jul 2012 #11
Gosh Dang it all to heck! I think you've got it. SleeplessinSoCal Jul 2012 #12
Can someone explain to me how giving billions in subsidies to Big Oil and cutting AllyCat Jul 2012 #13
Well it does for the extremely rich who are heavily invested in Big Oil. smirkymonkey Aug 2012 #18
Everyone mentions Big Oil, but let's not forget the nukes Jim Lane Jul 2012 #14

elleng

(130,151 posts)
1. 'Level playing field'
Tue Jul 31, 2012, 12:47 AM
Jul 2012

is exactly what a tax credit seeks, 'level' with BIG OIL!

Good, let him lose Iowa!

freshwest

(53,661 posts)
6. Someone should check his donor list to see if big oil is willing to give up their subsidies...
Tue Jul 31, 2012, 01:43 AM
Jul 2012

To get to the real reason behind his strategy. Will he just cut alternative energy, or the energy companies, too, to be fair?

The latter doesn't seem likely with the team he's got, and his association with Darth.

And will he tell all those Iowa farmers to give up their crop subsidies?

Of course we'll never know, since they won't release his donor names to the public. We've got to get Disclose passed before the election...

truthisfreedom

(23,113 posts)
11. Let's find out how much Mitt and his buddy donors have into dirty energy.
Tue Jul 31, 2012, 02:05 AM
Jul 2012

Because that's what the issue is here. $20B in subsidies for oil. $1.6B in subsidies for wind. Climate change is real. Mitt is obviously terraforming our planet, which explains the Mormon alien connection. See? Figured it out.

AllyCat

(16,035 posts)
13. Can someone explain to me how giving billions in subsidies to Big Oil and cutting
Tue Jul 31, 2012, 02:25 AM
Jul 2012

the wind credit "levels the playing field"?

 

smirkymonkey

(63,221 posts)
18. Well it does for the extremely rich who are heavily invested in Big Oil.
Wed Aug 1, 2012, 04:51 AM
Aug 2012

And you know, those guys need a "level playing field".

 

Jim Lane

(11,175 posts)
14. Everyone mentions Big Oil, but let's not forget the nukes
Tue Jul 31, 2012, 06:25 AM
Jul 2012

If nuclear power had to compete on a level playing field, without the government distorting the free market, there probably wouldn't be any civilian nuclear power plants.

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