Senate Cap-and-Trade Proposal Includes Numerous Nuclear Tax Incentives

The latest iteration of legislation unveiled May 12 by Sens. John Kerry (D-Mass.) and Joseph Lieberman (I-Conn.) aimed at reducing U.S. greenhouse gas emissions through a cap-and-trade program includes a…

Obama Administration Seeking Increase in Excise Taxes That Fund Oil Spill Trust

The Obama administration unveiled plans May 12 to increase the excise tax that…

Taxpayers Offering to Participate in IRS Transfer Pricing Initiative, IRS Official Says

Taxpayers have been stepping forward to participate in the Internal Revenue Service’s new transfer pricing initiative within the Large and…

House Ways and Means Chair Levin Unveils Amendment to Stop Banks from Impeding U.S. Tax Enforcement Efforts

Sen. Carl Levin (D-Mich.) May 11 introduced an amendment to the Senate financial regulatory reform bill (S. 3217) that would provide the Treasury Department broad new authority to…

Senate Climate Change Bill’s Money for Transportation Spurs Rebuke from Highway Groups

The draft discussion of climate change and energy legislation unveiled May 12 by Sens. John Kerry (D-Mass.) and Joseph Lieberman (I-Conn.) would force oil companies to purchase carbon allowances at a…

Senate Climate Proposal Would Provide Billions for Clean Energy, But Less Than Other Bills

A discussion draft of climate legislation unveiled May 12 would provide billions of dollars in incentives for renewable energy and energy efficiency initiatives but would offer less for such measures than previous climate bills…

Kerry-Lieberman Bill Would Preempt State Emissions Trading, Some EPA Authority

The discussion draft of a climate change and energy bill released May 12 by Sens. John Kerry (D-Mass.) and Joseph Lieberman (I/D-Conn.) would preempt state greenhouse gas emissions trading…

Senators Kerry, Lieberman Unveil Climate Bill with Increased Allowances for Utilities, Manufacturing

After months of crafting a climate change proposal designed to get 60 votes in the Senate, Sens. John Kerry (D-Mass.) and Joseph Lieberman (I/D-Conn.) unveiled a draft bill May 12 that…