WhatFinger

Eliminate both the blenders' tax credit for ethanol as well as the tariff on imported ethanol

It’s Time to Put an End to Federal Favors for Ethanol


On Tuesday, the United States Senate is scheduled to vote on an amendment offered by Senator Tom Coburn to eliminate both the blenders' tax credit for ethanol (45 cents a gallon, a little more than $6 billion per year cost to the Treasury), as well as the tariff on imported ethanol (54 cents a gallon, mostly directed at keeping Brazilian sugar-based fuel out of the United States).
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