Showing posts with label Steven Mnuchin. Show all posts
Showing posts with label Steven Mnuchin. Show all posts

January 25, 2017

Treasury Nominee Backs Existing Phase-Out of the Wind Energy Tax Credit

Is there hope for the solar tax credit too?

Amid the flurry of news leading up to the inauguration of President Trump, Treasury Secretary Nominee Steven Mnuchin said last week that he supports the existing phase-out of the Production Tax Credit (PTC) for wind energy.

Sen. Chuck Grassley (R-Iowa) questioned Mnuchin on his support for leaving the tax incentive as structured, while working on a broader tax reform proposal.