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OH SURE, I'LL USE LOTS OF BLENDED BIODIESEL
April 13, 2007
Another piece of data indicates that we should require the legislature to go home about March 1 emerged yesterday. The chief taxwriter in the Iowa House of Representatives proposed a refundable personal income credit of 7 cents per gallon for purchases of "blended biodiesel fuel."
Never mind that it would require consumers to keep track of how many gallons of blended biodiesel they used. Or make up a number ("lots!"). Never mind that it would be an enforcement nightmare. We're going to be "energy independent."
A scene from the heydey of Iowa energy independence.
Follow the progress of every wacky piece of Iowa 2007 tax legislation at our 2007 Iowa Tax Legislation page.
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