Re: pre-paying 2018 taxes

Posted by bodhipooh on 2018/1/8 14:52:10
Quote:

jerseymom wrote:
Quote:

hero69 wrote:
some states are forcing utilities to give tax savings to consumers...where is nj, ny, calif, connecticut and other states on this?

https://www.bloomberg.com/news/article ... y-for-lower-utility-bills


PSEG wants rate increase to subsidize nuclear power


It's a smart/savvy move by PSE&G to start making the case for increased rates before any talk of reduced rates is started by being asked to pass along the savings from a reduced corporate rate. The linked news article predates passage of the tax reform bill, but by then it was widely considered a done deal that the bill would pass, and that it would include a substantial drop in the corporate rate.

Also, hard to believe the head of PSE&G is getting paid just shy of 10MM per year! Wow.

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