Be afraid. Be very afraid.
By Caitlin Jones
1 min read
Tax Credit Advisor, October 2011: Though it’s said you never hear the bullet that kills you, the whistling sounds overhead really worry me, because I’ve heard them before, a quarter-century ago. Consider this crisp Op-Ed:
All six Republicans on the debt-reduction super committee have signed a no-new-taxes pledge, and that means the panel can only dig up extra revenues if some of those six decide that eliminating some tax breaks doesn’t count as raising taxes.
But getting rid of ethanol subsidies, the low-income housing tax credit, and many other tax breaks ought to be an easy decision.