First Solar kept producing them in Ohio after most of the industry moved to China. President Biden wants many more domestic manufacturers.
Category: Inflation Reduction Act of 2022
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Unions Fight in the States to Make Biden’s Climate Agenda Work for Workers
Labor leaders worry that some federal incentives for renewable energy do not come with strict standards on pay. In Maine, they added their own.
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I.R.S. Changes Audit Practice That Discriminated Against Black Taxpayers
The agency will overhaul how it scrutinizes returns that claim the earned-income tax credit, which is aimed at alleviating poverty.
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UAW Standoff Poses Risk for Biden’s Electric Vehicle Commitment
A looming auto industry strike could test the president’s commitment to making electric vehicles a source of well-paying union jobs.
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Biden’s Climate Law Is Reshaping Private Investment in the United States
Lucrative tax incentives have fueled a surge in solar panels but failed to boost wind power, data from a new project show.
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I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships
The tax agency is opening examinations into large hedge funds, private equity groups, real estate investors and law firms.
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New Corporate Minimum Tax Ushers In Confusion and a Lobbying Blitz
Large companies are bracing for the impact of a 15 percent tax that went into effect this year.
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Eliquis and Jardiance Among First Drugs Picked for Medicare Price Negotiations
The Biden administration’s announcement was an important moment for Democrats, who have campaigned on a promise to lower the cost of prescription drugs.
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At 30%, Solar Panel Tax Credits Are at a High Point for Now
For about the next decade, homeowners can take advantage of the U.S. tax code to save on installation and reduce their electric bills.
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I.R.S. Says Cash Influx Has Made Agency Bigger and More Digital
An $80 billion infusion has helped improve customer service, but the tax agency continues to face uncertainty over future funding.
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Strong Economic Data Buoys Biden, but Many Voters Are Still Sour
Voters continue to rate the president poorly on economic issues, but there are signs the national mood is beginning to improve.