New Rules Will Make Many Electric Cars Ineligible for Tax Credits
Posted inBatteries Biden, Joseph R Jr China Electric and Hybrid Vehicles Europe European Union Factories and Manufacturing Ford Motor Co General Motors Global Warming Greenhouse Gas Emissions Hyundai Motor Co Inflation Reduction Act of 2022 International Relations International Trade and World Market Japan Lithium (Metal) Metals and Minerals Tax Credits, Deductions and Exemptions Tesla Motors Inc United States United States Politics and Government

New Rules Will Make Many Electric Cars Ineligible for Tax Credits

The Biden administration hopes its guidelines for up to $7,500 in tax credits will encourage automakers to reduce their reliance on China for batteries and raw materials.
Lobbyists Begin Chipping Away at Biden’s $80 Billion IRS Overhaul
Posted inBiden, Joseph R Jr Democratic Party H&R Block Inc Inflation Reduction Act of 2022 Internal Revenue Service Intuit Inc Law and Legislation Lobbying and Lobbyists Regulation and Deregulation of Industry Republican Party Research Tax Preparers and Preparation United States Politics and Government

Lobbyists Begin Chipping Away at Biden’s $80 Billion IRS Overhaul

The tax preparation industry is alarmed over the prospect that the Internal Revenue Service will devise its own free tax-filing system.
Lawmakers Rebuke Biden for Bypassing Congress in Deal With Japan
Posted inBatteries Biden, Joseph R Jr Electric and Hybrid Vehicles Inflation Reduction Act of 2022 International Trade and World Market Japan Metals and Minerals Neal, Richard E Office of the United States Trade Representative United States Economy United States Politics and Government

Lawmakers Rebuke Biden for Bypassing Congress in Deal With Japan

The Democratic lawmakers called the Biden administration’s limited trade deal “unacceptable,” saying it should have been made available to Congress and the public for review.