tax credits
Thanks to federal tax credits, it’s boom time in the Midwest for carbon dioxide pipelines
Thousands of miles of carbon dioxide pipelines planned in the Midwest have been spurred, in part, by a major expansion of federal tax credits in Democrats’ 2022 climate law. That could lead to billions of dollars per year in federal tax credits benefiting the powerful Midwest ethanol industry, even as the proposals create intense conflicts […]
Kentucky Supreme Court strikes down tax credits to pay private school tuition
The Kentucky Supreme Court on Thursday unanimously struck down a Kentucky law creating a generous tax credit to help families pay for tuition at private schools. The opinion cites a long line of precedent reinforcing the Kentucky Constitution’s ban on the state financially supporting private schools in declaring the Education Opportunity Account Act unconstitutional. The […]