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$7,500 EV tax credit is on Trump’s chopping block
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect
Trump's transition team aims to kill Biden EV tax credit, sources say
Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused transition team has determined some of Biden's clean-energy policies will be tough to end because they are popular and already funneling money to Republican-dominated states, the sources said.
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
CNET on MSN
7h
What the 2024 Election Results Mean for the Child Tax Credit
Studies indicate that the 2021 temporary increase of the credit had a significant impact on childhood poverty. Columbia ...
2h
on MSN
Breaking It Down: Bill to get rid of the inventory tax credit faces pushback
Two bills, that passed the House floor, work together to incentivize local governments to get rid of the inventory tax; which ...
5h
on MSN
Take Advantage of These Clean Energy Tax Credits Before Trump Takes Office
Time may be running out for Americans to capitalize on tax incentives created by the Biden administration's Inflation ...
Center on Budget and Policy Priorities
17h
Premium Tax Credit Improvements Must Be Extended to Prevent Steep Rise in Health Care Costs
Improvements to premium tax credits, enacted in the American Rescue Plan and extended by the Inflation Reduction Act, have ...
2d
on MSN
Louisiana Moves to Eliminate $150 Million Film Tax Credit
Louisiana's House of Representatives voted Tuesday to sunset the state's incentive for film production next year.
1d
on MSN
Guidelines for Making Important Flexible Spending Account Tax Decisions for 2025
Your employer may offer a health care or dependent care flexible spending account during open enrollment. Consider these ...
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2024 U.S. Elections
The latest news on national races.
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Trump
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