Trump's New Law Changes Your Taxes
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The "One Big Beautiful Bill" is full of wins for homeowners and builders. But its effects on lenders and borrowers is more unclear.
The Trump administration’s plan to scrap federal incentives for electric vehicles will be a major speed bump for battery-powered transportation in the U.S., but not a brick wall, according to forecasts.
But used EVs coming off of leases will continue to come onto the used car market.
Nissan will further delay the production of three all-new fully electric SUVs at its Canton, Mississippi plant, marking a three-year postponement from the originally planned 2025 debut.
John Roth, VP of global Cadillac, said during a July 10 media briefing that the company is capable of adjusting EV plans as the tax change looms.
1don MSN
Tax incentives contained in the sweeping tax and budget bill Trump signed on July 4 could provide a fresh boost to AI chipmakers.
The Clean Vehicle Credit, overhauled and extended through 2032 as part of the Inflation Reduction Act, will now end after Sept. 30 under President Donald Trump's "big beautiful" tax-and-spending package, meaning potential buyers have just a few months to act before the credit is discontinued.
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Zacks Investment Research on MSNCan Intel Benefit From Higher Tax Credits in the New Tax Bill?With tax credits for semiconductor firms rising to 35% from the existing 25% slab, the new tax bill (dubbed as the ‘One Big Beautiful Bill’) that President Trump signed into law on July 4 has seemingly offered a new lifeline to Intel Corporation INTC.
A new executive order further lowers government support for renewable power. Stocks including First Solar and Enphase Energy dropped on Tuesday.
The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and overtime pay, and addresses other tax priorities of the Trump administration.
7don MSNOpinion
Oregon and others. It’s time for policymakers to abandon the myth that subsidies solve housing shortages and provide affordability. The only real solution is more housing, built by a private
US President Donald Trump’s “Big Beautiful Bill” was signed into law on July 4. While it didn’t impose a moratorium on state-level artificial intelligence laws as anticipated, it did include a substantial 35% tax credit for semiconductor manufacturers.