Tax Credits

Hollywood has reportedly received a whopping $25 billion in state tax incentives to date — a win for studios like Disney and Netflix but a big “L” for ordinary taxpayers.

On Friday’s broadcast of CNBC’s “Squawk Box,” Energy Secretary Jennifer Granholm responded to concerns that emulating some of California’s policies will drive gas prices higher by stating that it’s “less expensive to operate an electric vehicle” and people get tax

On Monday’s broadcast of the Fox Business Network’s “Mornings with Maria,” Rep. Nicole Malliotakis (R-NY) reacted to President Joe Biden’s calls for revenue increases to be a part of debt ceiling talks by stating that instead of increasing taxes, we should

On Friday’s broadcast of MSNBC’s “Katy Tur Reports,” Rep. Dan Bishop (R-NC) reacted to calls from some Democrats for increased taxes on the wealthy as part of a deal to raise the debt ceiling by pointing out that the House

President Joe Biden’s tax credits for American-made electric vehicles are “running into a problem,” a new report details, as China controls the supply chain for raw materials needed to manufacture batteries. 

As California sees alarming spikes in crime, homelessness, and wildfires, Gov. Gavin Newsom (D) is giving more free money to Hollywood, increasing state tax credits for TV and movie productions by a whopping $330 million.

House Ways and Means Committee Chairman Richard Neal (D-MA) is calling to make permanent the temporary government benefits in the Coronavirus package.

The U.S. Supreme Court ruled Tuesday that states may provide tax credits to those donating to scholarship funds for religious schools.

The Trump administration continued its rapid response to the coronavirus crisis by announcing this week that small businesses and individuals can delay federal tax payments for 90 days.

Rep. Peter Rosam (R-IL) is hitting his Democrat challenger, businessman Sean Casten, for lobbying for tax breaks for years — then attacking tax cuts as he tries to unseat Roskam in the hotly contested 6th congressional district of Illinois.

Abortion advocacy groups say the GOP tax plan’s recognition of an “unborn child … at any stage of development who is carried in the womb” is “absurd” and another ploy to block access to abortion on demand.

Senate Republicans continue to draft a health care bill. Here are a few key planks of the evolving legislation.

The Internal Revenue Service hands out billions of dollars in improper tax credits each year and, according to the Treasury Inspector General for Tax Administration, last fiscal year was no different.

What Rubio outlines in his new op-ed is an ObamaCare repeal program quite similar to Wisconsin Governor Scott Walker’s new plan. (Or, since Rubio’s repeating six-month-old talking points, perhaps you could say Walker is following in Rubio’s footsteps. One suspects the gentlemen from Wisconsin and Florida will discuss the matter at their earliest debate opportunity.)

Wisconsin Governor Scott Walker has unveiled his “Day One Patient Freedom Plan,” a replacement for ObamaCare, which he says he would repeal in its entirety. The centerpiece of Walker’s plan is to restore market competition without entirely removing subsidies for health insurance coverage.

This Op-ed was authored by and submitted to Breitbart Texas by Oklahoma Attorney General Scott Pruitt.

On Thursday, The California Film Commission Board of Directors accepted California’s new tax credit program. The state of California, desperate to keep fleeing TV and film productions from leaving the state, tripled its annual budget for film/TV credits last summer, and now that the Film Commission has approved, will send the measure to the governor’s Office of Administrative Law for review and final approval.