President Joe Biden asserted in a recent speech that 'wind and solar are already significantly cheaper than coal and oil.' This is blatantly incorrect. There are numerous defenses for Biden's assertion. But not only are they all susceptible to refutation, but they have all already been disproved.
The tax system shouldn't be used by lawmakers to provide social or economic benefits. Using the tax code to distribute benefits presents a barrier for recipients who lack the income and tax obligation required to qualify for a tax subsidy, in addition to the distortions that targeted tax deductions and credits can lead to.
President Joe Biden asserted in a recent speech that 'wind and solar are already significantly cheaper than coal and oil.' This is blatantly incorrect. There are numerous defenses for Biden's assertion. But not only are they all susceptible to refutation, but they have all already been disproved.
