The Ashville Citizens Times: Renewed Attacks on Renewable Energy in Raleigh

Okay. Let’s talk about fairness and competition. From 2008 to 2012 Duke Energy paid no federal income tax though making more than $9 billion in profits, according to a report from Citizens for Tax Justice, the Institute on Taxation and Economic Policy and the North Carolina Budget and Tax Center. In fact, the utility got $300 million in federal subsidies.

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