November 22, 2024
Finance

Trump’s Transition Team Targets Biden’s EV Tax Credit: A Report

As President-elect Donald Trump’s transition team prepares for a second term, one of their key targets is the $7,500 electric vehicle (EV) tax credit introduced under President Biden’s Inflation Reduction Act (IRA). According to recent reports, the transition team is planning to eliminate this incentive as part of a broader tax reform initiative. This marks […]

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