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$7,500 EV tax credit is on Trump’s chopping block

Hosted on MSN · 53m

Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards

The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers.

Barron's on MSN · 6m

Tesla Stock Rebounds. Wall Street Is Weighing EV Tax Credit Changes.

Tesla stock was up in early trading Friday, rebounding from a steep drop on Thursday after Reuters reported that President-elect Donald Trump plans to reduce or eliminate the electric-vehicle purchase tax credit,

TechCrunch on MSN · 18h

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 (IRA). Now, it seems

Louisiana Film Allies Scramble to Save Tax Credit

Variety on MSN · 2d

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.

Louisiana House passes business tax cuts, bills to end film, preservation credits

Bills t cut business tax rates and end credit for filmmakers and historic preservation move to Senate, along with sales tax on digital services.

KTAL Shreveport on MSN · 1d

Louisiana’s Film Tax Credit will be phased out in favor of ‘something different’

The film tax credit has helped attract big-budget companies like G Unit studios to Louisiana. Its owner, Curtis 50 Cent Jackson, has said the studio would create jobs and bring a significant economic boost to Shreveport.

4h

Eliminating The Electric Vehicle Tax Credit Would Be A Huge Mistake

Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...

CNET on MSN18h

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 ...

35mon MSN

Trump should prioritize middle class tax relief over loopholes that benefit Democrats

President-elect Donald Trump should reward the multiracial and disproportionately working-class coalition that delivered him ...

3h

Rescinding US EV tax credit would cede ground to China, Granholm says

Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.

Center on Budget and Policy Priorities1d

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 ...

1don 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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