— Jane Hicks
How long is the wind industry going to be carried on the backs of the American taxpayers?
The taxpayer pays federal taxes. The production tax credit is a tax write-off for big investors in the wind industry. One notable investor admits he uses the PTC to lower his taxes: “We get a tax credit if we build a lot of wind farms. That’s the only reason to build them”
Do you think the production tax credit ended Dec. 31, 2013? Wrong. Our politicians loopholed an extension in before the policy ended to protect projects in the works. Still going on until Dec. 31, 2015.
The taxpayer pays state taxes. State taxes help to feed state incentives and tax credits and grants which help to encourage wind farms to build in the state.