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Trump's transition team aims to kill Biden EV tax credit

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.

Bloomberg on MSN · 51m

Trump Plans to Kill EV Tax Credit, Reuters Reports

Shares of electric vehicle startup Rivian extended their losses to over 10% Thursday on a Reuters report that President-elect Donald Trump's transition team plans to kill the $7,500 consumer tax credit for EV purchases.

Yonhap News English on MSN · 1h

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,

Louisiana House passes bill to lower personal income tax

Government Executive · 21h

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 provision (WEP) and government pension offset (GPO) — tax provisions that negatively impact some federal retirees’ annuity benefits.

Yahoo · 1d

Louisiana House passes bill to give income tax break

The Louisiana Legislature advanced a bill that would provide for an income tax cut for all workers in the state.

WGNO · 22h

Louisiana House passes bill to give income tax cut to workers

The Louisiana Legislature advanced a bill that would provide for an income tax cut for all workers in the state. There is concern over how the state will make up the lost revenue.

Sotheby, Tax Fraud

The New York Times · 7h

Sotheby’s Settles Tax Fraud Lawsuit for $6.25 Million

New York’s attorney general said in a lawsuit that the auction house had helped collectors avoid tax payments on art purchases.

U.S. News & World Report · 7h

Sotheby's Settles New York Tax Fraud Case, Pays Damages

Thursday's settlement resolves claims that Sotheby's let at least eight clients cheat New York state from 2010 to 2020 by using "resale certificates" that falsely portrayed them as art dealers entitled to tax exemptions,

Bloomberg on MSN · 5h

Sotheby’s Pays $6 Million to Settle NY Sales Tax Evasion Probe

Sotheby’s Inc. agreed to pay $6.25 million to settle a New York state lawsuit that accused it of advising wealthy clients they could avoid sales taxes by falsely claiming they were buying art for resale purposes.

The Economist4h

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 ...

2don MSN

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 ...

Hosted on MSN6h

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 ...

19hon MSN

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 ...

BBC10h

Bid to soften farm tax change rejected by Treasury

The Chancellor announced an end to inheritance tax exemption for farms in October. A bid by the department for rural ...

20hon MSN

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 ...

1don MSN

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 ...

China unveils tax incentives to revive struggling property sector

China on Wednesday unveiled tax incentives to support the ailing property sector, which will take effect from Dec. 1 this ...

1hon MSN

Consultation to start on Highland tourist tax

Highland Council is going to start a consultation on plans to introduce a tourist tax in the region. Under the proposal ...

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Trump's transition team aims to kill Biden EV tax credit

Louisiana House passes bill to lower personal income tax

Sotheby, Tax Fraud

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