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Trump Plans to Eliminate EV Tax Credit

The New York Times · 11h

Trump Wants to Kill the E.V. Tax Credit. Here’s What to Know.

President-elect Donald J. Trump wants Congress to repeal a $7,500 electric vehicle tax credit. Doing so would hurt American automakers.

Hosted on MSN · 18h

Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards

The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers.

Fox Business on MSN · 11h

Trump team reportedly looking to kill Biden's $7,500 EV tax credit

President-elect Trump's transition team is aiming to scrap the tax credit for purchasing electric vehicles enacted during the Biden administration, Reuters reports.

16h

Rivian Stock Is Down Again on Tax Credit Fears

An end to U.S. EV tax credits is unlikely to doom Rivian altogether. Its $5.8 billion deal to share technology with German ...

CNET on MSN1d

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 ...

clickondetroit.com11h

Organ donors in Michigan can get a $10,000 tax credit. Here’s what to know

Live organ donors in Michigan can get a tax credit of up to $10,000 thanks to a new bill Gov. Gretchen Whitmer signed into ...

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