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Tag: IRS

Gone with the Wind: IRS can’t measure effectiveness of $14 billion dollars in green energy subsidies

A recent report from the Government Accountability Office (GAO) reveals that IRS tax subsidies to green energy operators have resulted in $15.1 billion in foregone revenue to the federal government, $13.7 billion of which was lost to renewable energy projects. The GAO has sounded its concern that Congress cannot evaluate the effectiveness of Investment Tax […]

Gone with the Wind: IRS can't measure effectiveness of $14 billion dollars in green energy subsidies

A recent report from the Government Accountability Office (GAO) reveals that IRS tax subsidies to green energy operators have resulted in $15.1 billion in foregone revenue to the federal government, $13.7 billion of which was lost to renewable energy projects. The GAO has sounded its concern that Congress cannot evaluate the effectiveness of Investment Tax […]

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