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Congress begins process to block 45X advanced manufacturing tax credit for Gotion – Solar Power World

Summary by WirePoints Illinois Financial News
“Under no circumstance should the Chinese Communist Party (CCP) be allowed to benefit from the tax dollars of hardworking American families. Unfortunately, the Biden administration’s 45X rule has left the door open for CCP-affiliated companies, like Gotion, to reap billions in taxpayer funding. That’s wrong and the commonsense bipartisan legislation we are introducing today will stop it,” Moolenaar said. Note: Gotion is eligible for $7.5 billion…
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