ATR Releases Energy Tax Hike Analysis Booklet

This week, Americans for Tax Reform (ATR) has released a booklent containing very short, one-page analysis of various tax and energy provisions.

Why is this important? Because the average citizen, Hill staffer and even some Congressmen may not understand what amortization rates are; or that LIFO is a major change to an accounting rule that will cost billions; and that Sec 199 repeal will make every Americans 401(k) worth less – this booklet explains all of this and more.

Everything you need to know (and ATR is continuing to update this booklet) is included in this document; including:

– Fiscally responsible energy points
– Overall Obama budget energy tax analysis
– Amortization rates
– Cap and Trade taxation
– LIFO Explained
– Passive Loss Repeal
– Renewable Portfolio Standards
– IRS Sec. 199 Repeal
– Gulf of Mexico Resource Taxation
– Superfund Explained
– Analysis of Waxman-Markey

Click the image to download the full PDF document.

As always, your comments below are welcome and encouraged. Please let us know what you think of this information and don’t forget to join ATR on Facebook and follow us on Twitter – @taxreformer.