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Rivian, Tesla slide on report Trump plans to nix EV tax credit
Repealing the subsidy - a major component of President Joe Biden’s Inflation Reduction Act - would deal a significant blow to EV adoption in the U.S.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Trump's transition team seeks to abrogate Biden's EV tax credit: Reuters
U.S. President-elect Donald Trump's transition team is aiming to end a tax credit for electric vehicle (EV) purchases, a key element of President Joe Biden's Inflation Reduction Act (IRA), as part of broader tax reform legislation,
Trump Plans to Kill EV Tax Credit, Reuters Reports
Shares of electric vehicle startup Rivian extended their losses to over 10% Thursday on a Reuters report that President-elect Donald Trump's transition team plans to kill the $7,500 consumer tax credit for EV purchases.
The Economist
4h
America Inc is hoping for a tax bonanza. It may be disappointed
The crowning legislative achievement of Mr Trump’s first term was the Tax Cuts and Jobs Act (TCJA) of 2017, which lowered ...
2d
on MSN
These tax cuts will go away without action by Congress and Trump
President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could ...
2d
Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth — but there’s a cost
Extending those tax cuts from his first term will put serious strain on the national debt, which is currently at ...
Government Executive
21h
House passes a bill eliminating tax provisions that harm some federal retirees
The House of Representatives on Tuesday passed, 327-75, legislation that would repeal Social Security’s windfall elimination ...
Hosted on MSN
6h
Editorial: L.A. County voters agreed to another tax to reduce homelessness. Let's make sure it does
Los Angeles County got a gift from voters: They passed Measure A, a half-cent-per-dollar sales
tax
that will provide a ...
20h
on MSN
Mississippi governor intent on income tax cut even if states receive less federal money
Mississippi Republican Gov. Tate Reeves says he will push lawmakers to phase out the state income tax, even if federal ...
BBC
10h
Bid to soften farm tax change rejected by Treasury
The Chancellor announced an end to inheritance
tax
exemption for farms in October. A bid by the department for rural ...
20h
on MSN
Property tax bills are out. Here's a couple ways to split up your payments interest free
Property tax bills have been sent out across the state and for those not looking to pay in full there are options to split up ...
1d
on MSN
Louisiana House greenlights Gov. Jeff Landry's tax cuts
Louisiana’s GOP-dominated House of Representatives has overwhelmingly passed individual and corporate tax cuts, along with a ...
1h
on MSN
Consultation to start on Highland tourist tax
Highland Council is going to start a consultation on plans to introduce a tourist tax in the region. Under the proposal ...
MLive - GrandRapids/Muskegon/Kalamazoo on MSN
4h
Kalamazoo approves new tax breaks for senior housing project
“By combining affordability, community engagement and environmental stewardship, we believe that The Legacy: Senior Housing ...
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