Excerpt: “We appreciate America’s Renewable Future’s [ethanol advocate group] focus on fairness and market competition and welcome their endorsement of Ted Cruz’s Simple Flat Tax Plan which eliminates all energy subsidies....”
“His plan eliminates all loopholes, stops corporate welfare, and specifically allows every company, including ethanol producers, to immediately expense all of their capital costs, treating everyone fairly, without subsidy. Ted Cruz believes the tax code shouldn’t pick winners or losers in the market and that all industries should compete on a level playing field.”
...Cruz spokeswoman Catherine Frazier fired back: “Cruz has consistently supported ending subsidies across all energy sectors, and his tax plan would do just that.”
“All that remains in terms of subsidies/exemptions in his tax plan are the Child Tax Credit and the Earned Income Tax Credit, as well as existing deductions for charitable contributions and mortgage interest payments”, she said.
...”Cruz’s tax plan also allows every company, including ethanol producers, to immediately expense all of their capital costs — treating everyone fairly, without subsidy.”
And end the EPA dictate that gasoline for vehicles contain 15% ethanol ?
Didn't see that, plus, what Ted endorses and what Ted will settle for are two entirely different things, just like his being against TPP but advocating TPA which makes it much, much, easier to pass TPP.
Ted's a lawyer, he'll behave and horse trade just like a lawyer if President. What he does for PR reasons in his first (still incomplete) term in the Senate as a springboard to the Whitehouse is no indication of what he'd do in office.
You want Ted, fine with me, but I've had enough of elite Eastern university trained attorneys who give good speech and don't deliver a damn thing. Congress is full of them.
People were head over heels in love with a lot of those Congress critters when it was speech making time, too. Now ? They behave just like the lawyers they are willing to go along to get along with whoever has the money to pay them.