Trump Set To Kill Nearly 800,000 Jobs By Wiping Out Clean Energy Tax Credits

The House Republican tax cut bill contains an economic time bomb that will lead to wiping out 790,000 jobs by eliminating clean energy tax credits.

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There are many bad elements to the Republican extension of tax cuts for the rich. The plan is to sort of, but not really, pay for the tax cuts by cutting healthcare for millions, food assistance for the hungriest Americans, and harming veterans.

One of the areas that hasn’t been discussed enough is that this legislation also kills jobs, especially in the clean energy sector.

Senate Democratic Leader Chuck Schumer has released some data on how much damage the clean energy portion of the Republican tax cuts for the rich will cause:

Study after study shows that the GOP plan to raise taxes on energy will raise costs for families and small businesses. One conservative study from the Clean Energy Buyers Association showed that small businesses in America will see a 10% increase in electricity prices next year, a cost that’s likely to be p…