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The process of drafting a so-called tax reform bill has been shrouded in mystery, with even Republican congressmembers admitting they didn't know what provisions it will contain. But according to a report on Thursday, the draft of the bill, named the Tax Cuts and Jobs Act—to be released Thursday—may eliminate the income-tax credit of... Tax bill may eliminate credit for all electric-car buyers: report
The process of drafting a so-called tax reform bill has been shrouded in mystery, with even Republican congressmembers admitting they didn't know what provisions it will contain. But according to a report on Thursday, the draft of the bill, named the Tax Cuts and Jobs Act—to be released Thursday—may eliminate the income-tax credit of...