Seth Hanlon
@sethhanlon.bsky.social
Senior Fellow, NYU Tax Law Center. Tax, economic, and climate policy. But mostly a travel hockey dad.
Reposted by Seth Hanlon
NABTU bringing the 🔥 on how devastating new Senate bill would be:
“This stands to be the biggest job-killing bill in the history of the country.”
Union job losses “equivalent of terminating over 1,000 Keystone XL”s
1.75 million construction jobs, 3 BILLION work hours in clean energy kaput
“This stands to be the biggest job-killing bill in the history of the country.”
Union job losses “equivalent of terminating over 1,000 Keystone XL”s
1.75 million construction jobs, 3 BILLION work hours in clean energy kaput
June 28, 2025 at 7:59 PM
NABTU bringing the 🔥 on how devastating new Senate bill would be:
“This stands to be the biggest job-killing bill in the history of the country.”
Union job losses “equivalent of terminating over 1,000 Keystone XL”s
1.75 million construction jobs, 3 BILLION work hours in clean energy kaput
“This stands to be the biggest job-killing bill in the history of the country.”
Union job losses “equivalent of terminating over 1,000 Keystone XL”s
1.75 million construction jobs, 3 BILLION work hours in clean energy kaput
In a new @taxlawcenter.org brief, we break down how the House tax bill kneecaps clean energy tax credits with totally unworkable "foreign entity" rules.
As we note, these rules wouldn't apply to any other tax breaks, including the new ones the bill creates.
taxlawcenter.org/blog/house-b...
As we note, these rules wouldn't apply to any other tax breaks, including the new ones the bill creates.
taxlawcenter.org/blog/house-b...
House bill would end many clean energy credits and add unworkable rules to others
The major tax legislation currently moving through the House of Representatives makes deep cuts to tax provisions supporting the deployment of clean energy technologies through early terminations and ...
taxlawcenter.org
May 20, 2025 at 7:24 PM
In a new @taxlawcenter.org brief, we break down how the House tax bill kneecaps clean energy tax credits with totally unworkable "foreign entity" rules.
As we note, these rules wouldn't apply to any other tax breaks, including the new ones the bill creates.
taxlawcenter.org/blog/house-b...
As we note, these rules wouldn't apply to any other tax breaks, including the new ones the bill creates.
taxlawcenter.org/blog/house-b...
"Sen. Shelley Moore Capito (R-W.V.), chair of the Environment and Public Works Committee, suggested the House GOP’s approach acts more like a 'blanket' repeal of the credits.
'I would expect that to change,' Capito said. 'There has been job creation around these tax credits.'
'I would expect that to change,' Capito said. 'There has been job creation around these tax credits.'
Senate Republicans say the House GOP’s proposal to gut clean energy tax credits is unworkable: subscriber.politicopro.com/article/2025...
POLITICO Pro: Senate Republicans: House GOP's energy tax credit cuts won't work
House Republicans have proposed gutting the Democrats' climate law, but Senate Republicans say cutting off credits too soon could stifle investments in energy technologies needed to meet growing power...
subscriber.politicopro.com
May 13, 2025 at 7:01 PM
"Sen. Shelley Moore Capito (R-W.V.), chair of the Environment and Public Works Committee, suggested the House GOP’s approach acts more like a 'blanket' repeal of the credits.
'I would expect that to change,' Capito said. 'There has been job creation around these tax credits.'
'I would expect that to change,' Capito said. 'There has been job creation around these tax credits.'
Reposted by Seth Hanlon
Rhodium Group on the House budget bill: Will raise energy costs as much as 7% in 2035, stifle energy technology innovation, increase pollution, and put half a trillion dollars of new manufacturing, industrial, and clean electricity investments across the country at risk. rhg.com/research/way...
May 13, 2025 at 6:27 PM
Rhodium Group on the House budget bill: Will raise energy costs as much as 7% in 2035, stifle energy technology innovation, increase pollution, and put half a trillion dollars of new manufacturing, industrial, and clean electricity investments across the country at risk. rhg.com/research/way...
Reposted by Seth Hanlon
My colleagues @taxlawcenter.org will have analysis on the details of the W&M bill (AINS 05/12) to come.
But its broad strokes are clear. taxlawcenter.org/blog/an-init...
It doesn't consistently follow any sound tax principle I can think of. Seems more driven by picking winners and losers.
But its broad strokes are clear. taxlawcenter.org/blog/an-init...
It doesn't consistently follow any sound tax principle I can think of. Seems more driven by picking winners and losers.
An initial overview of the costly, uneven Ways and Means tax proposal
In response to the release of the Ways and Means tax bill, the Tax Law Center released an initial overview of the bill from Executive Director Chye-Ching Huang.
taxlawcenter.org
May 12, 2025 at 10:53 PM
My colleagues @taxlawcenter.org will have analysis on the details of the W&M bill (AINS 05/12) to come.
But its broad strokes are clear. taxlawcenter.org/blog/an-init...
It doesn't consistently follow any sound tax principle I can think of. Seems more driven by picking winners and losers.
But its broad strokes are clear. taxlawcenter.org/blog/an-init...
It doesn't consistently follow any sound tax principle I can think of. Seems more driven by picking winners and losers.
Reposted by Seth Hanlon
Here is a rundown of exactly how the GOP proposal would change every clean energy tax credit. While it looks like a bunch of nips and tucks, it's probably more akin to a full repeal. More analysis from us to come.
heatmap.news/politics/way...
heatmap.news/politics/way...
The House GOP Tax Proposal Would Effectively Kill The IRA
The Ways and Means Committee released its proposed budget language, and it’s not pretty for clean energy.
heatmap.news
May 12, 2025 at 8:51 PM
Here is a rundown of exactly how the GOP proposal would change every clean energy tax credit. While it looks like a bunch of nips and tucks, it's probably more akin to a full repeal. More analysis from us to come.
heatmap.news/politics/way...
heatmap.news/politics/way...
New analysis from my
colleagues on the Ways and Means’ reconciliation bill’s changes to the passthrough deduction.
taxlawcenter.org/blog/ways-an...
colleagues on the Ways and Means’ reconciliation bill’s changes to the passthrough deduction.
taxlawcenter.org/blog/ways-an...
Ways and Means proposes making costly 199A “pass-through” deduction more generous and valuable to high-income earners
The proposal takes an inefficient, inequitable, and costly policy, and makes it more generous and more valuable to higher-income people, especially those in certain industries including lawyers and lo...
taxlawcenter.org
May 12, 2025 at 6:10 PM
New analysis from my
colleagues on the Ways and Means’ reconciliation bill’s changes to the passthrough deduction.
taxlawcenter.org/blog/ways-an...
colleagues on the Ways and Means’ reconciliation bill’s changes to the passthrough deduction.
taxlawcenter.org/blog/ways-an...