Political Quotes

“I am grateful that I have had the chance to work with Senators Baucus and Grassley to provide a small tax incentive for installation of small wind systems in America's farms, ranches, and other places in rural areas that have wind potential. Specifically, my amendment would give wind power--a limitless and clean energy source--a level playing field with solar, geothermal energy, which are in current law, and fuel cell energy, which is included in the underlying tax title. All of these renewable energies are eligible for a 10 percent business investment credit under section 48 of the tax code. And I think we should give people who wish to tap into wind energy the same credit. With my amendment, farmers, ranchers and other business owners who wish to install a small wind energy system up to 75 kilowatts can do so, and get a credit on their tax return worth 10 percent of the cost of installing the wind system. I applaud the work of Senators Baucus and Grassley, as well as the rest of the Finance Committee, which put together a package of energy tax incentives.”