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End $12 billion wind tax credit

End $12 billion wind tax credit

Aug. 16, 2012, Fairfax, VA—Americans for Limited Government President Bill Wilson today issued the following statement urging the House of Representatives not to renew the $12 billion wind tax credit this year:

“The idea that we’re going to power the world’s preeminent economic and industrial superpower on 12th Century windmill technology is so ludicrous as to not even merit serious consideration. But the Ivory Tower elites in Washington, D.C., have insisted that we do so, and as a result now taxpayers are on the hook for $12 billion a year for this fool’s errand. Congress needs to act now to repeal the tax credit.

“Wind should be free to compete in the marketplace along with other forms of energy. But anyone who argues that it should be subsidized is just breaking wind. If it cannot compete on a cost basis without subsidies and without using the power of government to squash competitors, then it is not viable.”

Interview Availability: Please contact Rebekah Rast at (703) 383-0880 or at rrast@getliberty.org to arrange an interview with ALG President Bill Wilson.

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