Subject: [big campaign] Wonk Room: McCain tax plan is $3B windfall for energy and utility companies
From: "Adam Jentleson @ American Progress Action" <[email-masked]>
To: "big campaign" <[email-masked]>
Date: Tue, 13 May 2008 11:16:41 -0400
List-Id: <bigcampaign.googlegroups.com>

New from the Wonk Room.  There's a chart with company-by-company numbers
at the link

http://thinkprogress.org/wonkroom/2008/05/13/mccain-utility-tax-cut/

McCain's Corporate Tax Cut Would Save Energy & Utility Companies Over
$2.8 Billion
<http://thinkprogress.org/wonkroom/2008/05/13/mccain-utility-tax-cut/> 

A global warming plan that weans America off dirty energy
<http://www.smartmoney.com/stockwatch/index.cfm?story=20080417-big-busin
ess-and-the-environment&>  requires taking a stand against the huge
utility & energy companies. But John McCain's tax plan seems slightly
more interested in lining their pockets.

An analysis from the Center for American Progress Action Fund finds that
John McCain's massive corporate tax cut
<http://thinkprogress.org/wonkroom/2008/05/06/one-two-punch/>  would
save America's ten largest electrical utility companies and ten largest
energy companies over $2.8 billion. (This is in addition to the $4
billion tax break
<http://thinkprogress.org/wonkroom/2008/03/27/mccain-petroleum/>  for
America's five largest oil companies.)

Read the full analysis and see the chart here
<http://thinkprogress.org/wonkroom/wp-content/uploads/2008/05/utility_ta
x1.pdf> .

-----
Adam Jentleson
Communications and Outreach Director
The Hyde Park Project, Center for American Progress Action Fund
202-247-8614

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