President Trump and members of Congress want to revive U.S. shipbuilding with subsidies and penalties against Chinese-built ships. But there are obstacles.
Category: Law and Legislation
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House Bill Takes Aim at Tax Break for Sports Owners
The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners.
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House Bill Takes Aim at Tax Break for Sports Owners
The legislation cuts in half a tax write-off potentially worth hundreds of millions to some professional sports team owners.
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Electric Vehicles Died a Century Ago. Could That Happen Again?
Battery-operated vehicles were a mainstay more than a hundred years ago, but only a few still exist — one happens to be in Jay Leno’s garage.
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The Small Tweaks That Republicans Slipped Into the Domestic Policy Bill
In their fiscal package, Republicans have slipped in a hodgepodge of tweaks that are, at times, only tangentially related to the rest of the bill.
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South Africa Sets the Stage for Starlink Approval
A proposed regulatory change would allow Elon Musk’s satellite company and others like it to get a license without having to sell shares to Black South Africans.
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How ‘No Tax on Tips’ Would Affect Waiters, Drivers and Diners
Proposed changes making their way through Congress would benefit many employees, but some details are still in flux.
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Republican Bill Could Set Off Global Tax Fight
Retaliatory taxes on foreign companies operating in the U.S. could open the door for a broader economic conflict.
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Senate Advances Crypto Regulation Bill With Bipartisan Support
Democrats who had sided with the rest of their party last week to block the measure over concerns that President Trump could benefit dropped their objections. They argued that regulating the industry was urgent.