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President Biden’s 2024 budget released Thursday includes yet another broadside from the White House against oil companies Biden's budget cuts $31B in tax breaks for oil companies [Video] Skip to ...
(The Center Square) – U.S. Sen. Ted Cruz, R-TX, filed a new bill to bolster U.S. energy production, led by the Texas oil and natural gas industry. Cruz on Thursday filed a bill to repeal a tax ...
Trump has vowed to repeal Biden's 2022 Inflation Reduction Act, which launched the program, to pay for the extension of his tax cuts. The Biden administration believes companies can rely on the ...
The Kansas experiment was a name given to a controversial and widely noted tax-cutting policy/agenda of Kansas Governor Sam Brownback that began with Brownback signing a bill cutting state taxes (Kansas Senate Bill Substitute HB 2117), in May 2012, [1] [2] and ended with the Kansas legislature's repeal of the bill in June 2017.
The Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, [2] Pub. L. 115–97 (text), is a congressional revenue act of the United States originally introduced in Congress as the Tax Cuts and Jobs Act (TCJA), [3] [4] that amended the Internal Revenue Code of 1986.
Federal oil and gas leases came under fire after the administration of President Joe Biden resumed the practice in 2022 following a halt on news leases imposed when Biden took office in January 2021.
U.S. President Joe Biden vowed Thursday to raise taxes on wealthy Americans and large companies, announcing plans in his State of the Union address to hike corporate minimum taxes and cut ...
Many states now have "tax cut fever," according to the Institute on Taxation and Economic Policy, and are looking at offering property tax cuts and rebate checks, among other measures.