Trump-era tax cuts and full expensing offer a pro-growth alternative to IRA subsidies, boosting innovation, ensuring business certainty, and advancing clean energy.
With the crafting of a reconciliation package in full swing, the fate of the Inflation Reduction Act (IRA) hangs in the balance. Much of the discussion in Washington has centered on what will happen to the energy tax credits. In a new paper, we outline how full expensing is a pro-growth, pro-environment policy that doesn’t pick winners and losers.
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