deficit

Thank you American Council for an Energy Efficient Economy for clearing the decks to talk about tax policy and energy efficiency – enabling me with its Three Tax Reforms to Encourage Modernization of the Manufacturing Sector. Allow me to divulge some truths about our confiscation, er I mean, federal tax policies.  In five words: small business gets the shaft.  Small businesses earn their profits in the US and they are pass-through entities, the profits from which are taxed at the owners’ personal tax rates far above typical effective corporate tax rates.  The IRS extracts a pound of flesh for every…