Comments on: Fix the Tax Code Friday: Energy Tax Credits

By: Eddie Parsons

Eddie Parsons — Mon, 29 Jun 2009 12:51:39 +0000

Tax credits are good if it comes with a guarantee that it will pay off–and if they do not do what they were intended then they should be revoked as this would give an indication that they were favoring the recipient which would be unfair to other taxpayers who are picking up the slack.

By: LKent

LKent — Fri, 29 May 2009 21:53:40 +0000

Social Engineering…it’s needed to motivate businesses to, lets say, not outsource jobs. Or in this case, motivate people and businesses to be more energy efficient, or to motivate people to invest in retirement funds. It’s meant to help the nation as a whole and to help push people in the right direction. And contra to that, where loop holes occur and it moves people to the wrong direction….

By: christopher ganiere

christopher ganiere — Sun, 03 May 2009 04:14:49 +0000

Tax credits are nice, but should the tax code really be used to get people to do stuff? I thought the whole point of taxation was to get money to pay for the things that the government is supposed to do. Adding a tax credit of this and that only adds complexity and opens the door to lobbyists to influence lawmakers to get their product or business sector into the tax code. It is like marketing on steroids. Adding tax credits only helps the tax code lose its main focus – raise revenue. It starts to treat people unequally under the law.

By: LJ

LJ — Sat, 02 May 2009 03:41:10 +0000

I am in favor of any tax credit….I don’t know why anyone would be against it. If you buy more energy efficient appliances, windows, insulation it should save you money on your electric/gas bill. If you get a tax credit on top of it just more money in your pocket; who doesn’t want more money in their pocket???