10 October 2008

Eco-friendly tax credits become law when tied to bailout

In an article published earlier today, the Orlando Business Journal explains how Congress passed solar energy tax credits by linking them to the $700B bailout bill.
The tax credit for producing electricity from wind would be extended for one year, while the credit for other renewable sources would be extended for two years. The tax breaks for solar energy would be extended for eight years.

No comments: