$7,500 EV tax credit is on Trump’s chopping block

Donald Trump Deals a Blow to EV Tax Credits
Good morning. Automakers slump amid Donald Trump’s plans to repeal an electric vehicle subsidy. ESG investing is entering rough seas. And a missing Patek Philippe owned by John Lennon is headed back to its rightful owner: Yoko Ono.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Exclusive-Trump's Transition Team Aims to Kill Biden EV Tax Credit
Ending the tax credit could have grave implications for an already stalling U.S. EV transition. And yet representatives of Tesla - by far the nation's largest EV seller - have told a Trump-transition committee they support ending the subsidy,
Rivian, Tesla slide on report Trump plans to nix EV tax credit
Repealing the subsidy - a major component of President Joe Biden’s Inflation Reduction Act - would deal a significant blow to EV adoption in the U.S.
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Key Takeaways Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.Tesla told the Trump team that it supports ending the subsidy,
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect Donald Trump’s transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation,
Trump's transition team seeks to abrogate Biden's EV tax credit: Reuters
U.S. President-elect Donald Trump's transition team is aiming to end a tax credit for electric vehicle (EV) purchases, a key element of President Joe Biden's Inflation Reduction Act (IRA), as part of broader tax reform legislation,

Sotheby, sales tax

CNET1h
What the 2024 Election Results Mean for the Child Tax Credit
Studies indicate that the 2021 temporary increase of the credit had a significant impact on childhood poverty. Columbia ...
The Economist7h
America Inc is hoping for a tax bonanza. It may be disappointed
The crowning legislative achievement of Mr Trump’s first term was the Tax Cuts and Jobs Act (TCJA) of 2017, which lowered ...
These tax cuts will go away without action by Congress and Trump
President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could ...
Trump’s plans to extend tax cuts and slash red tape will likely spur economic growth — but there’s a cost
Extending those tax cuts from his first term will put serious strain on the national debt, which is currently at ...
Property tax bills are out. Here's a couple ways to split up your payments interest free
Property tax bills have been sent out across the state and for those not looking to pay in full there are options to split up ...
Government Executive23h
House passes a bill eliminating tax provisions that harm some federal retirees
The House of Representatives on Tuesday passed, 327-75, legislation that would repeal Social Security’s windfall elimination ...
ABC News20h
Mississippi governor intent on income tax cut even if states receive less federal money
Mississippi Republican Gov. Tate Reeves says he will push lawmakers to phase out the state income tax, even if federal ...
Hosted on MSN8h
Editorial: L.A. County voters agreed to another tax to reduce homelessness. Let's make sure it does
Los Angeles County got a gift from voters: They passed Measure A, a half-cent-per-dollar sales tax that will provide a ...
Louisiana House greenlights Gov. Jeff Landry's tax cuts
Louisiana’s GOP-dominated House of Representatives has overwhelmingly passed individual and corporate tax cuts, along with a ...
Proposed 2025 budget calls for lowest Naperville property tax rate in 56 years
The average taxpayer in Naperville could see a $31 decrease in the city portion of their 2025 tax bills as the city eyes ...