Renewable Energy, Hollywood Among Big Winners of ‘Fiscal Cliff’ DealJanuary 3rd, 2013 6:53 pm Josh Marks
There is more to the “fiscal cliff” deal than the breaking of Grover Norquist’s iron grip on the GOP through his insane no-tax pledge, as congressional Republicans voted for higher taxes on the wealthy for the first time in 20 years.
But enough about fiscal cliff losers like Norquist; the American Taxpayers Relief Act of 2012, which passed with the votes of 85 House Republicans and 40 Senate Republicans, helps boost biofuels and other domestic industries. Tax breaks for renewable energy, railroads, Hollywood and other American industries benefited from the new law.
Let’s take a look at some of the big winners.
Photo credit: NHD-INFO via Flickr