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Ethanol tax incentive could boost Wisconsin corn price
Wisconsin lawmakers weigh a 3 cent per gallon ethanol tax exemption to spur a homegrown gasohol industry. Proponents say it could lift corn prices by 10 to 30 cents per bushel by expanding a domestic ethanol market and reducing carryover, while opponents warn of lost highway funds and questionable economics given current subsidies and fuel prices.
MENTIONED IN THIS ARTICLE
Wisconsin
Dave Farrimond
Wisconsin Corn Promotion Board
Anderson
United States
U.S
Washington
Congress
Secretary of Revenue
Department of Transportation
Philosphy
Farrimond
Capitol
Assembly Committee On Economic Development
Mark Lewis
D-Eau Claire
Wisconsin Corn Growers Association
Transportation Fund
Wisconsin Department of Transportation
Walker
TDA
Illinois