Foreign-made cars no longer qualify. Tesla and G.M. are eligible again. But officials are still working on the fine print.
Category: Tax Credits, Deductions and Exemptions
-
State Tax Cut Policies Prop Up Income, Fanning Inflation Worries
The New York Times – Business:Efforts around the country to ease the pain of rising prices have given consumers more money to spend, which could paradoxically further drive up prices.
-
Biden’s Meeting With Macron Comes Amid Rising Trans-Atlantic Tensions
The New York Times – Business:The president’s “Made in America” plan has drawn accusations of protectionism from Europe as the United States tries to keep its Western allies aligned against Russia.
-
How a Lobbying Blitz Made Sports Betting Ubiquitous
The New York Times – Business:The gambling industry and its allies got their way with lawmakers after showering them with donations, gifts and dubious arguments.
-
Many States Are Sending Checks to Help Residents With Inflation
The New York Times – Business:Up to 20 are using some of their budget surpluses to help taxpayers deal with high inflation. But some economists worry that the payments could fuel inflation.
-
Will Taxing the Windfall Profits of Oil Giants Fix Countries’ Economies?
The New York Times – Business:Britain is raising a tax on gas and oil producers, and adding a levy on companies that supply electricity — a similar approach to that of other governments chasing revenue.
-
France Urges U.S. to Change ‘Made in America’ Electric Car Policy
The New York Times – Business:The French finance minister, Bruno Le Maire, said that U.S. subsidies will inflict damage to Europe’s economy.
-
France Urges U.S. to Change ‘Made in America’ Electric Car Policy
The New York Times – Business:The French finance minister, Bruno Le Maire, said that U.S. subsidies will inflict damage to Europe’s economy.
-
How to Save on High Heating Bills This Winter
The New York Times – Business:As a start, you can turn down the thermostat and insulate doors and windows. Plus, financial help is available to pay bills and to update heating systems.
-
California Regulators Propose Cutting Compensation for Rooftop Solar
The New York Times – Business:It’s the second attempt by the state Public Utilities Commission to change how people are paid for the excess energy their solar panels send to the grid.
-
Clean Energy Tax Break Draws Scrutiny of Natural Gas Plan in New Mexico
The New York Times – Business:A defunct New Mexico coal plant would be revamped with the help of subsidies authorized by the new climate legislation, but a plan to rely on natural gas converted into hydrogen has generated criticism.