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White House Official: Corporate Tax Reform Should Boost Green Energy

Jan 25, 2013
Source: 
(The Hill)

A White House economic adviser said Thursday that any overhaul of the corporate tax code should provide a lift for green energy technologies.

“The first headline of corporate tax reform will not be ‘corporate tax reform for the clean energy economy.’ But the way that corporate tax reform gets done could have a dramatic effect, long-term, [on] the incentives for investment in the United States for ... technologies and renewable technologies,” said Brian Deese, deputy director of the National Economic Council.

“We have got to keep an eye on those things and got to make that a priority,” added Deese, speaking at a forum hosted by The Atlantic and The National Journal.

Rep. Dave Camp (R-Mich.), the chairman of the House Ways and Means Committee, and Senate Finance Committee Chairman Max Baucus (D-Mont.) are both advocates for reforming the corporate and individual tax codes.