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Americans for Tax Reform
Coalition of 60 Groups Call for a Revised 'Gang of Ten' Energy Compromise
September 7th, 2008
This morning, Americans for Tax Reform (ATR) released a letter signed by 60 national and state advocacy organizations, think-tanks and others calling for the "Gang of Ten" Senators to revise their energy compromise by removing "potentially fatal flaws." In order to pay for the $84 billion energy plan, these 10 Senators are calling for the repeal of the domestic production activities deduction (Section 199) - but only for energy companies. "This is a tax on energy production that will raise the price of oil for all Americans at a time when they can least afford it," says Grover Norquist, President of ATR. "Republicans that vote for tax increases like...
Source: Pharma Investments, Ventures & Law Weekly (2008-09-07)
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