In this joint white paper, Nick Loris—Executive Vice President of Policy at C3 Solutions—and Josh T. Smith—energy‑policy lead at the Abundance Institute and visiting fellow with C3—propose replacing today’s patchwork of clean‑energy tax credits with permanent, economy‑wide full expensing for all new capital investments and R&D. Immediate expensing lets businesses deduct the entire cost of plant, equipment, and research in the year the spending occurs,...
