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Updated Senate bill slashes wind and solar incentives — and adds a new tax
An updated draft of the Senate’s megabill text slashes tax incentives for wind and solar energy – and adds a new tax on ...
Senate Republicans seek to end EV tax credit by September 30
Republicans have taken aim at EVs on a number of fronts, a reversal from former President Biden's policy that encouraged ...
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Electric car tax credit could be scrapped within months despite warning it could 'devastate' drivers
The conflict has intensified as Senate Republicans push forward with legislation that would terminate the $7,500 (£5,474) tax credit for new electric vehicle purchases by September 30. Despite this, ...
California lawmakers approve expanded $750-million film tax credit program
State lawmakers have voted to raise the cap on film and TV production incentives to $750 million, up from $330 million under ...
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GOP releases megabill text with land sales, tax credit rollbacks
The Senate released new megabill text overnight with stricter treatment for renewable energy incentives from the Democrats’ ...
Will a GOP 'Big Bill' Incentive Help Donors Avoid Capital Gains Tax?
As U.S. Senate Republicans mark up their version of the One Big Beautiful Bill Act, one provision proposed a major tax break for private school donors.
The child tax credit could be worth over $2,000 under Republicans' spending plan—but millions of families wouldn't benefit
Both the House and the Senate want to raise the maximum child tax credit, but limits on who can claim it mean millions of ...
Trump Tax Bill to Boost Biden’s Chip Tax Credit to 30%
The Senate’s draft tax bill calls for increasing an investment credit for semiconductor manufacturers, a potential boon for ...