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A USA TODAY editorial yesterday ranked black liquor tax credits #6 on the list of “10 terrible tax breaks” that should be eliminated or scaled back. “‘Black liquor’ = much green,” the unsigned editorial said. “Paper companies make a mockery of tax law by claiming a credit meant to promote biofuels. They take a flammable byproduct of the pulping process known as black liquor, mix it with diesel fuel and—presto!—they are promoting alternative fuels and eligible for massive tax breaks. (Cost: $6.6 billion.)”
After many months of crusading to bring to light this boondoggle for a pulp byproduct,
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