Share on facebook
Share on twitter
Share on linkedin
Share on email

The Biggest Corporate Welfare Scam of All Time

Biden keeps lecturing corporate America to “pay your fair share” of taxes. He’s right that some companies are getting away scot-free from paying taxes. But he’s pointing to the wrong guys.

It turns out that by far the biggest tax dodgers in the country are the wind and solar power industries. A new report by tax expert Adam Michel at the Cato Institute finds the green energy subsidies — mostly created by Biden policies like the so-called Inflation Reduction Act — will drain the Treasury of as much as $1.8 trillion over ten years.

Since its passage, “the estimated cost of the IRA’s new and expanded energy tax credits have nearly tripled.”

As a consequence of these tax shelters, the wind and solar producers consume taxes – they don’t pay them.

It’s just a reminder that a lot of people are getting really, really rich off of climate change hysteria.

Hey Joe. How about a “corporate minimum tax” on your green energy crony friends?

Unleash Prosperity Hotline


1155 15th St NW, Ste 525
Washington, DC 20005