General Tax Credit Theory: Giving Rise to the New Modern New Modern (exponent) Let’s say that the cost of electricity drops to zero. But we still need to replace oil with solar. So we can’t sell the solar power. We get a tax credit for the install. How does the investor get repaid? The tax credit is used to …
Tax credit for the new glass coated lithium battery. 90% tax credit. Investor provides funding. The tax credit is used to buy shs in a REIT. The REIT throws off cash. The investor gets the cash. The tax revenue > tax credit 90% ITC ROI Calculation Investment: $100 into battery tech. SM …
Here’s the problem. We create a business benefit when we issue tax credits, tax breaks, and tax loopholes. The population in the jurisdiction that issued the credit has a cost. That external diseconomy can be internalized in a way that creates offsetting benefits for the specific business. We’ve seen how the tax credits create a virtuous cycle out of a …
Our legislative effort for passage of a new clean energy tax credit will be tax revenue positive net of the credit. There is a race between the transition to clean energy and the existential threat of global warming. The last thing we should do is to eliminate the clean energy tax credit. But that’s the current plan. What we need …
My objective in a broader sense is to reduce income inequality through the transition to clean energy. Turns out this is a reinforcing pathway. As we reduce income inequality we can accelerate the transition to clean energy because our economy is stronger. Proceeds from the monetized clean energy investment tax credit are donated to a qualified non-profit. The purpose of …