The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.
Tag: Law and Legislation
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What Would the New Carried Interest Loophole Proposal Do?
Legislation agreed to by top Democrats falls far short of closing a tax loophole that party leaders have complained about for years but would narrow its preferential treatment.
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After Clash, Manchin and Schumer Rushed to Reset Climate and Tax Deal
The West Virginia Democrat said he had relented and agreed to sign on to a climate, energy and tax package after returning to negotiations to draft a version that would combat inflation.
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Australia’s Law Against Foreign Interference Gets Test Case
A donation to a hospital led to criminal charges for an Australian of Chinese descent. The case hinges not on what he did, but on what he might have been planning to do.