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Congress letting 55 tax breaks expire at year end

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  • worf Mcallen, TX
    Jan. 5, 2014 7:23 p.m.

    We won't see our taxes go up a single dime.

  • george of the jungle goshen, UT
    Jan. 2, 2014 5:58 a.m.

    If you can play the stock market, change the rules and get payed by giant companies and give your self a raise who are you.

  • JSB Sugar City, ID
    Dec. 31, 2013 5:01 p.m.

    Would this work? All business pay a sales tax. They could send it in to the government every month. No favorites. No deductions. No special incentives. No complex codes. Just a flat rate sales tax (I think it's called a value added tax). What would the problems be with this kind of tax?

  • Rocket Science Brigham City, UT
    Dec. 31, 2013 9:06 a.m.

    Perhaps Maverick is right and tax breaks to many more should be eliminated. I am ignorant as to what the tax breaks the oil companies receive are, can someone add some light on what they are? The milk subsidy is one that concerns me. While I don't particularly like tax breaks and subsidies I do wonder what will happen to milk prices and particularly child nutrition if milk prices are too high.

  • Baron Scarpia Logan, UT
    Dec. 31, 2013 8:02 a.m.

    "A series of tax breaks promote renewable energy, including a credit for power companies that produce electricity with windmills."

    This is a classic example of how government "picks favorites." I keep hearing the fossil fuel/Koch brothers squawking about how government is promoting renewable energy, but here, Congress allows the incentives for clean, price-stable energy to expire year after year. The result? Unnecessary, government-induced investment risks and boom-and-bust cycles where investors get spooked about investing into America's energy future without knowing if and when incentives will appear. All the supply chain for renewables get hung up on Congress's whims! And good manufacturing jobs are lost.

    Fossil fuel subsidies? They're largely embedded in tax code, established in the 20th century, and they never expire and they never get debated in Congress.

    Talk about "picking winners"... Can you imagine if Big Oil got stop-and-go subsidies year after year? All those foreign oil companies from Saudi Arabia and British Petroleum to Dutch Shell would demand our Congress to stabilize the policy so that they could invest with certainty.

    Too bad we don't have big foreign renewable energy interests demanding Congress to shape up!

  • wer South Jordan, UT
    Dec. 30, 2013 11:23 p.m.

    This is completely consistent with Congress: they are the biggest do-nothing group in the world. Elitists who have lost touch with the real world Americans are striving to succeed in.

  • Liberal Today Murray, UT
    Dec. 30, 2013 10:50 p.m.

    Who needs business anyway? If they goof on planning the future, oh well. There is always welfare.

  • JSB Sugar City, ID
    Dec. 30, 2013 9:28 p.m.

    Don't reelect anybody!

  • Thid Barker Victor, ID
    Dec. 30, 2013 4:51 p.m.

    This proves what someone once said, " A Democrat is a person who thinks they have the right to spend other people's money."

  • The Real Maverick Orem, UT
    Dec. 30, 2013 2:57 p.m.

    Good!

    Finally!

    Let them expire!

    Now if only the right would let oil and farm subsidies expire....

  • NedGrimley Brigham City, UT
    Dec. 30, 2013 2:32 p.m.

    Congress and its games....