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Tell President Obama ‘No New Energy Taxes’

Uploaded by NatlTaxpayersUnion on May 3, 2011

The National Taxpayers Union urges you to tell President Obama that you are opposed to new energy taxes.

Currently, the President and some Members of Congress are calling for an end to the dual capacity credit, which allows American energy companies to deduct a portion of foreign taxes they pay from their U.S. tax bills, and to the firms’ ability to take a domestic manufacturing deduction allowed under Section 199 of the Tax Code. Both of these provisions are available to nearly all American businesses. However, President Obama and Congress are only seeking to repeal them for energy companies.

SOURCE National Taxpayers Union


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