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EVs account for 22% of California sales - or 293,000 through Sept. 30 - and it is unclear how much the state program would cost and if it would include the federal $4,000 tax credit for used EVs ...
FilmLA, the quasi-public agency that handles film permits in Los Angeles, called on Wednesday for a “vast expansion” of the California production incentive, citing a 20% drop in local filming ...
California provides $330 million in tax credits annually to film and TV projects. Applicants are invited to participate in several rounds throughout the year. The program is currently set to ...
[64] In 2012 he called for the permanent elimination of wind power production tax credits calling them an "enormous government handout". [65] In 2015 he voted against the Obama Administration's Clean Power Plan resolution. In 2019 Pompeo refused to sign on to a joint statement addressing the need for protection of the Arctic region from the ...
The Toyota Prius Plug-in Hybrid, released in January 2012, was eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. [278] All Tesla cars and Chevrolet Bolts were eligible for the $7,500 tax credit. As granted by the 2009 ARRA, electric vehicles produced after 2010 are eligible for an IRS tax credit from $2,500 to ...
California has the highest marginal income and capital gains tax rate and is in the top ten highest corporate tax and sales tax rates nationally. In 2016, California had the 17th-highest per-capita (per-person) property tax revenue in the country at $1,559, up from 31st in 1996. [ 30 ]
California's renter's tax credit, created to help income-eligible residents who don't benefit from the tax breaks given to homeowners, has remained flat since 1979, never adjusted for inflation.
In September 2017, Trump proposed the most sweeping federal tax overhaul in many years. [233] Trump signed the tax legislation on December 22, 2017, after it passed Congress on party-line votes. [234] [235] [236] The tax bill was the first major legislation signed by Trump. [237]