Trump team puts EV tax credit on block, Tesla is on board

Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
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.
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Trump’s transition team plans to kill Biden’s EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for EV purchases as part of broader tax-reform legislation.
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,
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,
Center on Budget and Policy Priorities9h
Premium Tax Credit Improvements Must Be Extended to Prevent Steep Rise in Health Care Costs
Improvements to premium tax credits, enacted in the American Rescue Plan and extended by the Inflation Reduction Act, have ...
The Associated Press - Business News on MSN13d
Trump and Harris both support a bigger child tax credit. But which families should get it?
(AP Photo/Alex Brandon, left, Matt Rourke, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] ...
Crain's Detroit23h
Business R&D tax credit close to becoming law
Businesses could claim 3% of their base R&D expenses plus a percentage of new R&D expenditures. Those with at least 250 ...
R Street Institute20hOpinion
Summarizing the Benefits of the 2021 Child Tax Credit Expansion on Families: What the Data Reveals
The temporary expansion of the Child Tax Credit (CTC) in 2021 was a lifeline for tens of millions of American families, ...
Hoodline33m
Fort Worth Boosts Affordable Housing Efforts with Revised Housing Tax Credit Guidelines
Fort Worth updates Housing Tax Credit policies to improve accessibility and encourage more affordable housing development.
Autoblog19h
Trump’s transition team plans to cut Biden's EV Tax Credit
President-elect Donald Trump’s transition team is planning to cut the federal consumer tax credit for electric vehicle ...
Guidelines for Making Important Flexible Spending Account Tax Decisions for 2025
Your employer may offer a health care or dependent care flexible spending account during open enrollment. Consider these ...