A Project of The Annenberg Public Policy Center

Another Bogus ‘New Taxes’ Claim

It didn’t take long after President Obama released his latest budget for the oil lobby to pick up the misleading cry that it’s being targeted for “new taxes.” That’s mostly not true. Energy Tomorrow, a project of the American Petroleum Institute, ran a print ad in Washington, D.C.’s Politico Feb. 14 asking, “Guess who’ll pay for new energy taxes?”
The problem with that rhetorical question is that most of the “new taxes” are actually a proposed end to some old tax breaks —

Wind Spin

The wind-power lobby is spinning the facts in a $1.4-million TV ad campaign aimed at extending a lucrative tax break worth billions to the industry. Its ads claim that Congress is “threatening new taxes” targeting wind power, which isn’t true. No “new taxes” are envisioned. Instead, Congress is …