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Rep. Brady to head energy tax reform effort
http://fuelfix.com/blog/2013/02/15/rep-brady-to-head-house-tax-reform-task-force-on-energy/
Rep. Brady to head energy tax reform effort
Posted on February 15, 2013 at 5:30 pm by Richard Dunham
Rep. Kevin Brady is a busy man these days. He’s chairing Congress’ Joint Economic Committee. He’s heading up the House Ways & Means Committee Health Subcommittee.
Now he’s taking on new and significant responsibilities: He’s been asked by House Ways & Means Committee Chairman Dave Camp to coordinate a bipartisan task force looking at energy-related provisions of the tax code.
Brady’s intensive mission — the deadline is tax day, April 15 — is to study how comprehensive tax reform should affect the energy sector of the U.S. economy.
~snip~
Brady said the energy industry currently pays an effective tax rate of 40 percent, compared to 25 percent for most other businesses.
