And, of course, the cherry on top of the hypocrisy cake: All of the radical environmentalists’ favorite bird species hardest hit.

Not a radical but I hate Big Wind.

Fallon on January 2, 2013 at 6:09 PM

One need not be a radical to care about our precious avian life.

http://www.keepersoftheblueridge.com/gallery.html

[...]Wow, amazing blog layout! How long have you been blogging for?[...]…

Wind industry gets to keep their taxpayer-funded lifeblood for another year

…and Hollywood gets TAX BREAKS!…any bas-turd so called “Republican’t”…. in the House or Senate that voted for this bill need to be castrated and THEN primaried!

Same penalty as chopping up the more prolific Bald Eagle?

Zero if killed by a windmill…quarter million if killed anywhere near an oil well.

Both parties are guilty of ludicrous crony capitalism paid for with pork.

Crazy Ron Paul, for all his BS about libertarianism, was a huge statist pork lover. His rationale was ‘if everyone else is doing it so will I’.

In ethics this fails the test of universalisability. For instance, if everyone stole – no one would have anything. If everyone murdered, there would be no possibility of society.

All of the radical environmentalists’ favorite bird species hardest hit.

Fallon on January 2, 2013 at 6:09 PM

ISWYDT!

But don’t worry. The rich will pay for this, just like they’ll pay for all of the pork in the Sandy relief bill.
/s

Only 20 years? When will the farmers learn to stand on thier own two feet?

osborn4 on January 2, 2013 at 6:15 PM

When dairys do.

Then next year we could hire them to fill them up.

Citigroup(C) , and other giant U.S. multinational financial companies are breathing a sigh of relief after Congress extended a key tax break though 2013 following the resolution of the Congressional budget battle that was resolved late Tuesday.

Known as the “active financing exception,” the provision allows U.S. financial multinationals to avoid paying taxes on interest income earned by foreign subsidiaries unless the income is repatriated into the U.S.

General Electric and Citigroup are among the top beneficiaries of the tax deal, since they are among the more active overseas lenders among U.S. companies. The provision saved GE about $3 billion in taxes in 2011, and it saved Citigroup about $1 billion each in 2010 and 2011.
The provision by itself should allow GE, Citigroup and other companies to keep their tax rate well below the statutory rate of 35 percent, according to corporate tax consultant Robert Willens, head of Robert Willens LLC.

A Citigroup spokeswoman declined to comment on the extension of the loophole. A General Electric spokesman declined to comment.

“This is a load off the shoulders of multinational financial organizations, particularly GE, since it gives rise to a substantial reduction in these companies effective tax rates,” Willens says.
Though Congress repealed the active financing loophole in 1986, it was reinstated “temporarily” in 1997, and has been regularly extended since that time, according to Wayne State University Linda Beale writing in her blog, ataxingmatter. It had not been extended for 2012, pending resolution of the budget battle ahead of the impending “fiscal cliff” of automatic wide-ranging spending cuts and tax hikes. The active financing exception was one of several tax breaks that have been regularly extended by Congress in recent years as part of a package known in tax circles “the extenders.”

Also receiving Congressional approval late Tuesday was the extension of a research tax credit, granted to companies that increase spending on research above a certain base level. The credit allowed Caterpillar Inc.(CAT) , to cut its tax bill by 2.3%, or $152 million in 2011. Other beneficiaries were Pfizer(PFE) , which saved $127 million, or one percent of its 2011 pre-tax income, and Amazon.com Inc.(AMZN) , which saved 3.2%, or nearly $30 million.

NY The Street Dan Freed.

http://www.ge-energy.com/wind

TEATERMERICA 2012!!!
Latch on America…….suck that Federal sow dry!!!
PappyD61 on January 2, 2013 at 6:07 PM

THEN, move on the the next Federal sow. Repeat as often as needed, ad infinitum!

What, what…? Why won’t that work?

/s

the country’s most expensively subsidized source per actual unit of energy output — will get to keep the wind production tax credit on which they are pretty much entirely dependent through at least 2013.

lol

And don’t forget that wonderful “bird chopping”, “noise pollution” and “visual blight” (particularly to east coast lib dynasties).

Not a radical but I hate Big Wind.

Latch on America…….suck that Federal sow dry!!!

John Boehner calls it quits.

SWalker on January 2, 2013 at 5:57 PM

I do not like your blog…Westy lover.

Now we have Big Wind.

The comedy writes itself.