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Recent Legislative Proposals Could Drastically Change US Energy Taxation | Mayer Brown - Energy Forward

To embed, copy and paste the code into your website or blog: Over the past number of weeks, a variety of legislative proposals, from both sides of the aisle, have been released that, if enacted, could drastically impact the US energy industry and, in many cases, the taxation of energy in the United States. These proposals come on the heels of the Biden administration’s American Jobs Plan and Made in America Tax Plan. Legislative proposals related to energy continue to be released at a rapid pace, and below we highlight certain features from several recent proposals. Clean Energy for America Act, which was released on April 21, 2021, by Senate Finance Committee Chair Ron Wyden (D-OR) and 24 colleagues, would overhaul the federal energy tax code. The proposal consolidates current energy tax incentives into emissions-based provisions designed to incentivize energy efficiency, clean transportation and clean electricity. The bill, if enacted, would consolidate 40 energy tax incentiv

Three More Stimulus Checks Coming? Watch Biden s Speech Tonight

Known as the American Families Plan, the mammoth $1.8 trillion proposal may also set aside billions of dollars for millions of Americans who have struggled immensely over the past year due to the ongoing pandemic. Proponents of such stimulus checks are keeping their fingers crossed for a fourth, a fifth, or even a sixth round of direct payments.

Will we finance Biden s spending with confiscatory taxes?

Will we finance Biden s spending with confiscatory taxes? James D. Zirin, Opinion Contributor © UPI Photo President Biden President Biden has unveiled a multi-trillion-dollar program of federal spending that makes Lyndon Johnson s Great Society look like a stingy gratuity. But there is a confiscatory flavor in how he plans to pay for it. Biden is busily working on his speech Wednesday to a joint session of Congress in which he is expected to celebrate the accomplishments of his first 100 days in office. His programs, including provisions for COVID relief, infrastructure modernization and a basket of economic benefits featuring early education and home care, are certain to increase the federal deficit and soaring national debt; but face it, both are here to stay. As former Vice President Dick Cheney purportedly once put it, deficits don t matter.

Financial Daily Dose 4 28 2021 | Top Story: Resurgent Ad Spending Powers Alphabet to Huge Quarterly Revenue | Robins Kaplan LLP

Big Tech quarterly earnings season kicked off this week, and Alphabet got things started with a massive $55B in revenue, up 34% from a year earlier thanks largely to a return of its.

Recent Legislative Proposals Could Drastically Change US Energy Taxation | Mayer Brown - Tax Equity Times

To embed, copy and paste the code into your website or blog: Over the past number of weeks, a variety of legislative proposals, from both sides of the aisle, have been released that, if enacted, could drastically impact the US energy industry and, in many cases, the taxation of energy in the United States. These proposals come on the heels of the Biden administration’s American Jobs Plan and Made in America Tax Plan. Legislative proposals related to energy continue to be released at a rapid pace, and below we highlight certain features from several recent proposals. Clean Energy for America Act, which was released on April 21, 2021, by Senate Finance Committee Chair Ron Wyden (D-OR) and 24 colleagues, would overhaul the federal energy tax code. The proposal consolidates current energy tax incentives into emissions-based provisions designed to incentivize energy efficiency, clean transportation and clean electricity. The bill, if enacted, would consolidate 40 energy tax incentiv

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