jump to navigation

Elected criminals

October, 2nd | bail out, credit, main st, politics, senate, wall st |

The Senate was kind enough to pass for us a credit line for Wall St that they need far more than we do. Here’s a preliminary list of pork tucked into this version of the package:

Sec. 105. Energy credit for geothermal heat pump systems.
Sec. 111. Expansion and modification of advanced coal project investment credit.
Sec. 113. Temporary increase in coal excise tax; funding of Black Lung Disability Trust Fund.
Sec. 115. Tax credit for carbon dioxide sequestration.
Sec. 205. Credit for new qualified plug-in electric drive motor vehicles.
Sec. 405. Increase and extension of Oil Spill Liability Trust Fund tax.
Sec. 309. Extension of economic development credit for American Samoa.
Sec. 317. Seven-year cost recovery period for motorsports racing track facility.
Sec. 501. $8,500 income threshold used to calculate refundable portion of child tax credit.
Sec. 503 Exemption from excise tax for certain wooden arrows designed for use by children.

Because what Wall St is really in [...]

Original post by Brendan






Comments»

no comments yet - be the first?