Category: Tax Credits, Deductions and Exemptions

Ford Says Battery Plant’s Tax Break Survived Republican Attacks

Slight changes to the big budget bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles.
How Republicans Re-engineered the Tax Code

The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President Trump’s populist 2024 campaign promises.
Tax Cuts Now, Benefit Cuts Later: The Timeline in the Republican Megabill

Republicans deferred some of their most painful spending cuts until after the midterm elections.
Solar Industry Says Republican Policy Bill Would Cede Production to China

A revival of U.S. solar panel manufacturing that began during the first Trump administration could end with the phasing out of tax incentives for clean energy.
How 5 States Are Trying to Lure Hollywood Productions

States have spent at least $25 billion to attract movie and TV filming. Texas and New York are increasing their subsidies, while Georgia and Louisiana are broadening their programs.
How 5 States Are Trying to Lure Hollywood Productions

States have spent at least $25 billion to attract movie and TV filming. Texas and New York are increasing their subsidies, while Georgia and Louisiana are broadening their programs.
Democrats Cheer Hollywood Tax Breaks They Once Called ‘Corporate Welfare’

California politicians once derided a $50 million proposal by Arnold Schwarzenegger. With the support of unions, they’re now strongly backing a $750 million subsidy.
What Business Is Watching in Negotiations Over Big Policy Bill

Senate Republicans are debating changes to the legislation, after a key official rejected some proposals. Time is ticking for hitting President Trump’s deadline.
Should the Government Stop Subsidizing a Car Feature That ‘Everyone Hates’?

The E.P.A. under Trump is moving to eliminate credits to carmakers for the fuel-saving start-stop function.
Ford Will Keep Battery Factory Even if Republicans Ax Tax Break

Ford Motor said it would open a new plant in Michigan that could become ineligible for federal incentives under a policy bill championed by President Trump and passed by the House.
Senate Republicans Propose Key Tax Tweaks to House Bill

Party lawmakers proposed changes to the tax code that could offer the greatest benefit to businesses.
Trump’s Trade and Tax Policies Start to Stall U.S. Battery Boom

Battery companies are slowing construction or reconsidering big investments in the United States because of tariffs on China and the proposed rollback of tax credits.