Can you impound a tax credit? The Administration includes tax incentives (including the IRA #energysky) alongside outlays/obligations in its target list
It is unconstitutional for the Executive Branch to pick what parts of the tax code to enforce. It is also antithetical to doing business in the US
It is unconstitutional for the Executive Branch to pick what parts of the tax code to enforce. It is also antithetical to doing business in the US
Reposted from
jael holzman 🔍
here is a link to the list of all programs impacted by the federal funding freeze, first reported by budget rockstar @jennifershutt.bsky.social and the folks at @statesnewsroom.com
www.documentcloud.org/documents/25...
www.documentcloud.org/documents/25...
Comments
@azevin.bsky.social
some of this is likely intentional ambiguity/strategic. Uncertainty is used as a cudgel, raising risk on IRA tax incentives can reduce investment even if nothing actually happens