Written By : Dave Blount
December 26, 2012
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| 8/31/12 Blue Moon Cape Vincent |
By watching the “mainstream” media, you could get the impression that the crucial issue of the day is whether the government will be able to raise taxes high enough fast enough to avoid disaster. In reality, Big Government already has too much money if it has even a penny to waste on moonbat insanity like wind energy subsidies:
Since 1992, the federal government has expended almost $24 billion to encourage investment in wind power through direct spending, tax breaks, R&D, loan guarantees and other federal support of electric power.
The Joint Committee on Taxation estimates that a one-year extension of existing federal subsidies for wind power would cost taxpayers almost $12 billion.
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