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You Searched For "tax breaks" and got 20 results


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3 mins read

Why Musk supports Trump getting rid of EV tax credits

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…

Graham Rapier   


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5 mins read

What a Trump or Harris presidency would mean for your tax bill

BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…

Juliana Kaplan,Bryan Metzger   


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5 mins read

8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax

Some of these strategies allow investors to completely avoid paying taxes on their gains.

Laila Maidan   


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2 mins read

The IRS has failed to police the huge tax breaks offered by Puerto Rico, whistleblower claims

According to The New York Times, an IRS insider wrote that less than 1% of those using a Puerto Ric…

Filip De Mott   


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3 mins read

I moved from the US to Australia. My employer contributes over 11% to my retirement, and I don't pay property taxes.

Chelsey Nelson moved from the US to Australia to be with her boyfriend. They get taxed 39% of their…

Kelly Burch   


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4 mins read

A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks

The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…

Cork Gaines   


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4 mins read

Falling birth rates are freaking countries out and spawning dubious fixes like tax breaks, cheaper cars, and free surgery

Countries are trying everything to combat declining fertility rates, with some eye-popping approach…

Joshua Zitser   


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1 min read

Apple just lost a decadelong EU tax case. Now it must pay $14 billion.

The EU's top court ruled Apple must pay over €13 billion in back taxes, ending a legal battle that …

Jyoti Mann   


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3 mins read

Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.

Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…

Allie Kelly,Ayelet Sheffey   


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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…

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3 mins read

Kevin O'Leary says the US needs to go 'DEFCON 19 against China' and break the country with heavy tariffs

"You squeeze them because the Chinese only understand the stick," Kevin O'Leary told Fox News prese…

Kwan Wei Kevin Tan   


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4 mins read

Moving to Puerto Rico comes with lifestyle perks and tax breaks. Trade-offs include healthcare, schools, and furniture.

It's pretty easy for mainland Americans to move to and buy property in Puerto Rico without special …

Cork Gaines   


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5 mins read

I spent a day talking to voters in a crucial swing county in Pennsylvania. It's clear the economy is make-or-break for Harris and Trump alike.

Voters talked about inflation concerns more than anything else. Their answers reinforced how much t…

Alice Tecotzky   


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4 mins read

Breaking up Google's ad business could 'cripple' publishers. Analysts make the case for turning it into a public-benefit corporation instead.

Arete Research analysts suggest spinning off Google's adtech as a B Corp could be a potential solut…

Lara O'Reilly   


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4 mins read

Cork Gaines   


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4 mins read

What it takes to become a resident of Puerto Rico to gain the tax breaks, and what you'd have to give up

Becoming a citizen of Puerto Rico isn't difficult for US citizens, but it comes with some strict ru…

Cork Gaines   


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2 mins read

Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.

A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…

Katie Balevic   


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2 mins read

JD Vance tries out a $5,000 expanded child tax credit proposal to secure support from the pro-family crowd

Vance is aiming to position his party as pro-family. But Senate Republicans have so far voted down …

Katie Balevic,John L. Dorman   


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2 mins read

The House passes a bill to give parents a boosted child tax credit and businesses tax relief

Families that are covered under the legislation could see their 2023 taxes cut by $680.

Juliana Kaplan,Ayelet Sheffey…   


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3 mins read

Solar jobs are in high demand and have a low barrier to entry — now is the time to break into the industry

Solar-installation jobs are expected to grow significantly by 2032, largely because of environmenta…

Erin Greenawald