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$7,500 EV tax credit is on Trump’s chopping block
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.
Donald Trump Deals a Blow to EV Tax Credits
Good morning. Automakers slump amid Donald Trump’s plans to repeal an electric vehicle subsidy. ESG investing is entering rough seas. And a missing Patek Philippe owned by John Lennon is headed back to its rightful owner: Yoko Ono.
Exclusive-Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
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.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Key Takeaways 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.Tesla told the Trump team that it supports ending the subsidy,
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 Donald Trump’s transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation,
Trump Reportedly Wants To Kill $7,500 EV Tax Credit And Tesla Might Be Cool With It
A new report suggests that President Trump will attempt to scrap the $7,500 EV tax credit when he returns to the White House next year. Tesla is said to back the move, with its CEO, Elon Musk, being a huge Trump supporter.
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,
Sotheby, sales tax
Sotheby’s Settles $6.25 Million Tax Evasion Lawsuit
New York’s attorney general says the auction house helped eight collectors pose as art dealers to avoid paying taxes on art buys. Sotheby’s admits no wrongdoing.
Sotheby’s Pays $6 Million to Settle NY Sales Tax Evasion Probe
Sotheby’s Inc. agreed to pay $6.25 million to settle a New York state lawsuit that accused it of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.
Sotheby's Settles New York Tax Fraud Case, Pays Damages
Thursday's settlement resolves claims that Sotheby's let at least eight clients cheat New York state from 2010 to 2020 by using "resale certificates" that falsely portrayed them as art dealers entitled to tax exemptions,
The Economist
7h
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 ...
CNET
1h
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 ...
Opinion
25m
on MSN
Opinion
Hochul’s New York Driving Tax Is Back
Her ‘pause’ kept the issue from hurting Democrats in the House.
MLive- Flint/Saginaw/Bay City on MSN
2h
Michigan lawmakers approve tax breaks for ‘hyperscale’ data centers
Michigan lawmakers have approved tax breaks for massive water-and-energy hungry facilities that house servers which power the ...
1h
Chicago Council Rejects Mayor’s $300 Million Property-Tax Hike
The Chicago City Council on Thursday rejected Mayor Brandon Johnson’s plan to raise property taxes by $300 million that would ...
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 ...
MLive - GrandRapids/Muskegon/Kalamazoo on MSN
7h
Kalamazoo approves new tax breaks for senior housing project
“By combining affordability, community engagement and environmental stewardship, we believe that The Legacy: Senior Housing ...
Hosted on MSN
9h
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 ...
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