Energy Opportunities in the Looming Sequester
The looming sequester has commentators talking about tax loopholes. Apparently, many people find loopholes to be unfair and possibly un-American. But in the energy sector, tax incentives are not always loopholes.
Congress believed that achieving energy independence and energy security were in the national interest. So it provided incentives for companies to invest their private capital to increase domestic energy production. Most of these incentives had limited scope; they reduced the income tax liabilities on short-term profits, and they had no effect on long-term profits....716 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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