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$7,500 EV tax credit is on Trump’s chopping block
If Trump kills the EV tax credit, what happens if you buy an EV in early 2025?
At this point, many buyers are taking advantage of the credits at dealerships when they buy a car. In the past, they had to wait to claim it on their taxes the following year. Now, there’s the option of transferring their credit to the dealer and getting an instant rebate.
Tesla Stock Rebounds. Wall Street Is Weighing EV Tax Credit Changes.
The electric-vehicle purchase tax credit makes buying Teslas and other EVs more affordable for most car buyers.
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 (IRA). Now, it seems
1h
Eliminating The Electric Vehicle Tax Credit Would Be A Huge Mistake
Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...
1h
Rescinding US EV tax credit would cede ground to China, Granholm says
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
CNET on MSN
16h
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 ...
2h
on MSN
Trump should prioritize middle class tax relief over loopholes that benefit Democrats
President-elect Donald Trump should reward the multiracial and disproportionately working-class coalition that delivered him ...
Center on Budget and Policy Priorities
1d
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 ...
1d
on MSN
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 ...
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