The atrocious #maga math behind the #trumpaccount #house #budget #medica...

https://www.youtube.com/shorts/yDWlKa10Q6k

 

US rooftop solar companies say Republican House bill would be a major setback | Reuters

The bill would scrap a 30% federal credit for taxpayers who put up rooftop systems, stifling an industry that has grown ten-fold over the last decade and which now employs more than 100,000 workers, industry players said...

https://www.reuters.com/sustainability/us-rooftop-solar-companies-say-republican-house-bill-would-be-major-setback-2025-05-15/ 

 

Democrats introduce bill to make enhanced ACA subsidies tax permanent

Congressional Democrats on Wednesday introduced a bicameral bill to extend enhanced subsidies that help make the Affordable Care Act's (ACA) insurance plans cheaper, the official opening shot in what will likely be the next major fight over the law...

https://thehill.com/policy/healthcare/4899297-democrats-obamacare-tax-credit-extension-bill/

Michigan Gov. Whitmer proposes a caregiver tax credit − an idea many Americans support

People caring for elderly or disabled relatives need a break – and, in Michigan, Gov. Gretchen Whitmer has a proposal to give them one. 

 Whitmer's recently proposed US$5,000 tax credit, the Caring for MI Family Tax Credit, is part of a growing trend of public subsidies for families shouldering the responsibilities of caring for family members. 

 Americans strongly endorse the idea that families, not the government or other organizations, are responsible for providing care for family members. They especially endorse adult children providing care for their aging parents…

https://theconversation.com/michigan-gov-whitmer-proposes-a-caregiver-tax-credit-an-idea-many-americans-support-223521

Jacobs overstates income eligibility for electric vehicle tax credit - PolitiFact

…Jacobs said the Build Back Better bill would provide tax credits to people making as much as $800,000 for their Tesla purchases. That's not right. The bill calls for tax credits for joint filers with incomes up to $500,000...

https://www.politifact.com/factchecks/2021/nov/26/chris-jacobs/jacobs-overstates-income-eligibility-electric-vehi/

U.S. Senate panel advances EV tax credit of up to $12,500 | Reuters

… Stabenow said a century ago as automakers were debating between electric and gasoline-powered vehicles Congress provided tax incentives for the oil industry. "We picked a winner and they won - 100 years ago," Stabenow said "And now we're just trying to level the playing field."…

https://www.reuters.com/article/legal-usa-autos-taxes-idUSKCN2D812Y

What Biden’s Covid-19 relief child benefit would have meant for me growing up - Vox

I grew up in a "nonworking" family. Biden's child benefit would've been a godsend...

https://www.vox.com/first-person/22336379/covid-biden-relief-package-child-benefit-non-working

$3,000-per-child benefit: Senior Democrats prepare plan for Biden stimulus - The Washington Post

..."The President has made it a central priority of his first legislative proposal to cut child poverty in half this year through a child tax credit expansion in the American Rescue Plan, and looks forward to working with members of Congress on this legislation," a White House spokeswoman said in a statement...

https://www.washingtonpost.com/us-policy/2021/02/07/child-benefit-democrats-biden/

Montana Supreme Court strikes down tax credit that aids religious schools - KPAX.com

The Montana Supreme Court Wednesday struck down a state tax credit for donations that fund scholarships for students at private schools, calling it a form of unconstitutional aid to religiously affiliated schools.....
https://kpax.com/news/montana-news/2018/12/12/montana-supreme-court-strikes-down-tax-credit-that-aids-religious-schools/

Facebook co-founder wants to repeal Trump tax cuts to pay for a $500 per month basic worker income - CNBC

Chris Hughes, an advocate for a basic income, contends that less than a third of Americans have reaped the benefits of President Donald Trump's tax cuts. ...
https://www.cnbc.com/2018/10/18/facebook-co-founder-chris-hughes-repeal-trump-tax-cuts-to-pay-for-a-basic-income.html

Republican tax plan kills electric vehicle credit | Ars Technica

The bill would end the $7,500 personal tax credit at the end of 2017.....
https://arstechnica.com/cars/2017/11/republican-tax-plan-kills-electric-vehicle-credit/

The Sneaky Ways Republicans Would Raise Taxes On the Middle Class -- Slate

When House Republicans unveiled their new tax bill on Thursday, Speaker Paul Ryan declared that the plan would deliver "real relief" for the middle class and Americans "striving to get there." He noted that a "typical family of four," making $59,000, would save $1,182 on their taxes, enough to buy "about a year's worth of gas for your car." ....
https://slate.com/business/2017/11/the-sneaky-ways-republicans-would-raise-taxes-on-the-middle-class.html

The GOP Tax Plan Takes From Orphans, Gives to Trust-Fund Kids -- New York Magazine

Right-wing populism is one hell of a drug. ....
http://nymag.com/daily/intelligencer/2017/11/the-gop-tax-plan-hurts-orphans-helps-trust-fund-kids.html

Scott Pruitt Declares War on Wind and Solar Energy, While Fossil Fuels Get Billions in Subsidies | Alternet

During a recent trip to Kentucky coal country, the EPA chief proposed ending renewable energy tax credits.....
https://www.alternet.org/environment/scott-pruitt-declares-war-wind-and-solar-energy-while-fossil-fuels-get-billions

3 Greedy Ways Corporations Are Cheating America | Alternet

While the middle class bought the work-ethic fairy tales, corporations reaped the benefits of tax cuts.....
https://www.alternet.org/economy/3-greedy-ways-corporations-are-cheating-america

Catholic church eyes ‘game-changing’ school choice plan - POLITICO

Catholic leaders are meeting with GOP lawmakers and members of the Trump administration, hoping to shape a federal plan they believe could spur a rebirth of parochial education. The Trump administration’s consideration of a federal tax credit scholarship program could be a boon for Catholic schools, many of which have seen devastating enrollment drops and rising costs that have put them out of reach for many poor and working class families. Catholic leaders are seizing the moment, pushing for a federal program that comes with few constraints. “We see this as game-changing,” said Greg Dolan, associate director for public policy for the U.S. Conference of Catholic Bishops’ Secretariat of Catholic Education....
http://www.politico.com/tipsheets/morning-education/2017/07/06/catholic-church-eyes-game-changing-school-choice-plan-221189

Snyder tries to find common ground on tax incentives with House Republicans

Tax incentives that could lure big companies to Michigan will be on the agenda Wednesday as the Legislature comes to the Capitol for its one day of session in July. But the Republican leadership in the House of Representatives, which pulled the package from consideration right before adjourning last month, isn't saying whether it has the votes to pass, despite a hard push from Gov. Rick Snyder, the business community and the Michigan Senate....
http://www.freep.com/story/news/politics/2017/07/11/snyder-tax-incentives-house-republicans/467611001/

Here Are 4 Better Options Than the GOP Health Care Bills -- FORTUNE

One of the main differences between the Affordable Care Act (ACA), also known as Obamacare, and current replacement proposals—the House's American Health Care Act and the Senate's Better Care Reconciliation Act—is that the replacement bills allocate less federal funding to subsidize health insurance for poor and middle-income Americans. Despite this key difference, the ACA and proposed alternatives take a similar approach to providing health insurance.  ...
http://fortune.com/2017/07/10/senate-health-care-republican-bill-trumpcare-obamacare-vote/

Business 2 Community: Donald Trump Giving A $612 Credit to Every ‘Deserving’ American Is Fake News

As the old saying goes: "If it seems too good to be true, it probably is." When it comes to reports that President Donald Trump is giving every "working" American adult and child a $612 stimulus bonus, this saying could not be any more true. Claims that Trump is giving money to every working person in the U.S. are fake. ...
http://www.business2community.com/government-politics/donald-trump-giving-612-credit-every-deserving-american-fake-news-01779344#OTdb36AI5yAXC73H.97

House G.O.P. Leaders Outline Plan to Replace Obama Health Care Act - The New York Times

House Republican leaders on Thursday presented their rank-and-file members with the outlines of their plan to replace the Affordable Care Act, leaning heavily on tax credits to finance individual insurance purchases and sharply reducing federal payments to the 31 states that have expanded Medicaid eligibility.

Speaker Paul D. Ryan and two House committee chairmen stood with the new secretary of health and human services, former Representative Tom Price of Georgia, preparing Republican lawmakers for a weeklong Presidents’ Day recess that promises to be dominated by angry or anxious questions about the fate of the health law....
https://www.nytimes.com/2017/02/16/us/politics/affordable-care-act-congress.html