Lawmakers Reach Late and Narrow Tax-Break Deal

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Congressional leaders struck a tax-policy deal with an agreement that will extend lapsed and expiring tax breaks but won’t be as expansive as many lawmakers had hoped

WASHINGTON—Congressional leaders struck a tax-policy deal late Monday, capping a long weekend of negotiations with an agreement that will extend lapsed and expiring tax breaks but won’t be as expansive as many lawmakers had hoped.

The extended breaks included incentives for biodiesel producers, which expired at the end of 2017 but would last through 2022 if enacted. A more generous medical-expense deduction for individuals that lapsed at the end of 2018 would run through 2020. A tax credit for short-line railroad maintenance...

 

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How many gallons of fossil fuel is used to produce one gallon of “biofuel”?

Looks like the only legislation that goes through is handouts for special interests.

“End tax breaks for fossil fuels! Needs fossil fuels to make biodiesel........”

You know, why bother collecting taxes at all? Let's just print money to pay for government spending!

Aexcellent.

You can always ask me why I’m asking... if you care enough to reply to this Tweet. Is this because of drilling in The South China Sea, etcetera?

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