
Diving further into the Inflation Reduction Act: Part Two
Volts
Tax Equity - Is There a Ton of Tax Credits?
There are a ton of tax s in the bill, and there simply won't be enough tax equity appetite to claim all of them. So that's dumb. It raises costs. It makese the programs less fiscally responsible. It just makes money for big banks. Nobody likes big banks, except for the political class that gets donations from them. You're trying to move a hundred billion dollars of tax credits, forget it. They're not going to get used.
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