‘Green’ credits prove spendy

From Sunshine Review

April 9, 2009

Energy tax credits in Oregon effectiveness under scrutiny

[edit] Tax breaks for thousands of green projects could cost more than expected

The Oregon Business Energy Tax Credit is a state program that offers businesses, nonprofits and government agencies a tax credit for 35 percent to 50 percent if they “go green”. An investigation by the Pamplin Media Group from January 2004 through February 2008 state agencies were awarded $4.4 million in BETCs for a range of projects that cost more than $20,000 each, yet cost Oregon taxpayers $1.2 million in lost tax receipts. ^[1]

[edit] References

↑ Portland Tribune, Gaston: 'Green' Credits Prove Spendy, April 9, 2009

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