• A fictitious market for bad policy is created by 'monetizing' clean energy tax credits

    A fictitious market for bad policy is created by 'monetizing' clean energy tax credits

    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.