President Joe Biden has promised to veto a bill that would repeal spending authorized by the Inflation Reduction Act. Rep. Gary Palmer (R-AL) and five co-sponsors dropped the Cutting Green Corruption and Taxes Act last month, aiming to repeal a program included in the Inflation Reduction Act that allocated $27 billion to reduce emissions in […]
NEW MEXICO (KRQE) – The New Mexico Energy, Minerals and Natural Resources Department (EMNRD) says it's gearing up for an influx of applications for the updated Solar Tax Credit program. The omnibus tax bill (House Bill 252) that cleared the legislature this past session raises the annual cap on tax credits and makes tribal property owners eligible. []
A bill to expand the child tax credit still hasn't been passed, and those claiming the child tax credit may wonder if they should wait to file their taxes. We'll explain.
Tranter was giving evidence to the cross-party UK parliament Culture, Media and Sport (CMS) Committee investigation into British film and high-end TV.
Fraud involving the employee retention tax credit has received much attention lately from the IRS and Congress. What does that mean for your business?
For a number of years, the federal government has given people who buy electric vehicles a tax credit of $7,500.
Tax cuts are not a substitute for much-needed wage boosts and Australia’s lowest-paid workers cannot have their pay go backwards during a cost-of-living crisis, the government says. The Commonwealth will make its submission to the Fair Work Commission on Thursday, before it decides changes to minimum wages and awards during its 2023-24 Annual Wage Review. […]
Solar panels are expensive. Here are some tax incentives, rebates and special loan programs to help alleviate the cost of solar panels in Ohio.
Americans for Tax Reform is opposed to the Credit Card Competition Act (CCCA), whether it is considered by itself or as part of a larger legislative package. The CCCA gives the Federal Reserve (Fed) the power to pick winners and losers, which is anathema to free-market policy. Why should we give the Fed more regulatory authority—which […]
The only good thing to be said about President Joe Biden‘s boondoggle of a 2025 budget proposal is that so long as House Republicans do not continue to immolate their own razor-thin majority, it will never become law. Biden boasts he would inflate the fiscal 2025 deficit to $1.8 trillion. He says he would increase […]
Homeowners like MacKenzie Kipp who capitalized on historically low mortgage rates during the pandemic would stand to lose a substantial amount of money under President Joe Biden's proposed $10,000 tax credit for selling their starter homes.In an effort to ease the housing market's tight inventory and support homeowners looking to upgrade, Biden announced a proposal on Thursday aimed at incentivizing the sale of starter homes."For homeowners looking for a new place but worried about giving up...
The Daily Yonder takes a closer look at a proposed expansion of the child tax credit that would make families with lower incomes eligible.