Tag Archives: Tax

The cost of electricity is poised to surge across the US in the wake of Republican legislation that takes an axe to cheap renewable energy, with people in states who voted for Donald Trump last year to be hardest hit by the increase in bills. As air conditioners crank up across the US during another sweltering summer amid an unfolding …

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s… Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle …

Millions of people receive a federal tax deduction for the interest they pay on home loans. Under President Donald Trump’s new tax-cut law, many people for the first time also could claim a tax deduction for interest on their vehicle loans. The new tax break will be available even to people who don’t itemize deductions. But there are some caveats …

This story originally appeared on Grist and is part of the Climate Desk collaboration. The “one big beautiful bill” that President Donald Trump signed into law on July 4 is set to upend many aspects of American life, including climate policy. The law, which Republicans backed en masse, not only derails the nation’s efforts to reduce greenhouse gas emissions, it …