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Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt

A tax benefit boosted quarterly earnings, but that masked a decline in earnings from carmaking caused by intensifying competition.

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Electric Vehicle Charging Tax Credits Will Be Available in Much of Country

Biden administration officials opted to make a broad set of locations eligible for the tax credits, covering much of the country outside of major cities.

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What s in the New Tax Deal? - The New York Times

Budget watchdogs warn that temporary changes to the tax code that are being debated on Capitol Hill will lead to more deficits in the long run.

United statesWhite houseDistrict of columbiaMaya macguineasMaria cantwellJared bernsteinCenter on budgetRevenue serviceCommittee on taxationInstitute on taxationMeans committeeDemocrats in congressSenate finance committeeWhite house council of economic advisersHouse waysPresident biden

Lawmakers Strike Tax Deal, but It Faces Long Election-Year Odds in Congress

A $78 billion package to revive an expansion of the child tax credit and expired business breaks has drawn bipartisan support in the House and Senate.

United statesEast palestineSouth dakotaRon wydenRicharde nealCharlese grassleyMichaeld crapoMike johnsonRosa delauroSherrod brownJohn thuneJason smithMichael bennetAlan rappeportMeans committeeSenate republicans

Flush With Investment, New U S Factories Face a Familiar Challenge

Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.

United statesPresident bidenElectric cars and hybridsSolar energyUs politicsTax credits deductions exemptionsComputer chipInternational tradeUs economyKatherine taiJoe bidenDonald trump

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