Already suffering from steep declines in sales and profit, the carmaker could now face the president’s wrath.
Category: Tax Credits, Deductions and Exemptions
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Trump’s Pledge to Not Tax Overtime Could Become Federal Law
Once a seemingly offhand remark at a campaign rally, President Trump’s pledge to not tax overtime could become federal law.
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Tax Credit Increase Would Exclude Millions of Low-Income Children, Study Finds
The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or lack jobs.
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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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Republicans Harness Tax Code to Punish Trump’s Political Nemeses
Immigrants and wealthy universities, as well as foreign companies, would see higher taxes under the House-passed bill.
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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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Los Angeles Mayor Seeks to Lure Filming Back by Cutting Red Tape
With film and TV production in Los Angeles down by roughly one-third in recent years, Mayor Karen Bass took steps to make it easier to shoot at top locations.