Source: CAROLINA-VIRGINIA FARMER, 8/18/11
American Farm Bureau Federation tax adviser Pat Wolff says it's just getting too late in the year to realize significant savings from a Senate deal to end the Volumetric Ethanol Excise Tax Credit, known as "VEETC." Those savings would go to extend cellulosic credits, for blender pumps and deficit reduction, but the new deficit super committee won't act until late in the year.
For more of this story, click here. |