Tag

Tax Credits

All articles tagged with #tax credits

entertainment1 month ago•16 min saved

Rob Lowe Urges a LA Film Comeback, Blaming Tax-Credit Gaps

Rob Lowe says it’s “criminal” that Los Angeles has ceded much of film and TV production to other states and countries, blaming the lack of above-the-line tax credits that reward salaries for actors, writers and directors. He notes other places offer incentives that attract big shows, though California has begun improving its incentives. Lowe was able to stay in LA to shoot his Sundance-released film The Musical, illustrating how incentives influence where filming happens.

via Variety|

#entertainment #film-production #los-angeles

technology1 month ago•21 min saved

California bets $200M on keeping EVs affordable in budget plan

Governor Gavin Newsom's 2026–27 budget proposes a one-time $200 million light-duty zero-emission vehicle incentive program to maintain EV affordability in California. The plan's per-vehicle breakdown hasn't been disclosed, but reports describe an instant discount at purchase, with potential consideration of used-EV credits. The proposal must still clear the state Legislature, and California's momentum for EV adoption—about 30% of auto sales in Q3 2025—drives the initiative.

via Engadget|

#budget #california #evs

politics1 month ago•1 min saved

House Approves 3-Year Extension of Obamacare Subsidies

Colorado's congressional representatives reacted to the House's passing of a 3-year extension for ACA tax credits, with some Republicans calling for reforms due to concerns over fraud and waste, while Democrats support the extension as a starting point for broader negotiations. The legislation faces challenges in the Senate, which previously rejected a similar extension.

via CBS News|

#affordable-care-act #colorado #congress

politics1 month ago•6 min saved

House Approves 3-Year Extension of Obamacare Subsidies Amid Bipartisan Negotiations

The U.S. House approved a three-year extension of ACA health care tax credits with bipartisan support, aiming to serve as a foundation for a broader Senate compromise on health care reform, amid ongoing negotiations and disagreements over reforms and funding.

via CBS News|

#affordable-care-act #bipartisan #health-care-reform

energy1 month ago•4 min saved

Upcoming Changes to Solar Incentives and Costs in 2026

The removal of US federal tax credits for residential solar panels, batteries, and heat pumps by 2026, along with tariffs and domestic manufacturing mandates, is expected to increase costs for home electrification. However, new financing models like lease-to-own and ongoing energy savings may mitigate some expenses, while tariffs could raise prices on imported components. Despite these changes, demand for solar and heat pumps is expected to remain strong due to rising electricity costs and environmental considerations.

via Bloomberg.com|

#energy #heat-pumps #home-electrification

politics3 months ago•4 min saved

Shutdown Deal Ends Health Subsidies: What’s Next for Americans?

The recent legislative deal to end the government shutdown does not include a plan to extend or reinstate expiring ACA premium tax credits, which could lead to higher health insurance costs for millions of Americans and an increase in uninsured individuals unless Congress acts to address the issue.

via PBS|

#affordable-care-act #government-shutdown #health-insurance

politics3 months ago•2 min saved

Americans Support Extending Obamacare Tax Credits Amid Political Standoff

A growing number of Senate Republicans are open to a deal on extending ACA premium subsidies, which could help end the government shutdown and prevent health care premium spikes, though some demand reforms and conditions such as an income cap before supporting an extension.

via Axios|

#aca #government-shutdown #healthcare-subsidies

business3 months ago•3 min saved

Electric Vehicle Market Faces Challenges but Continues to Grow

Rivian's CFO indicates that the end of EV tax credits is prompting the company to develop a more affordable, mass-market electric SUV, the R2, to expand its customer base and support future growth, including new manufacturing facilities and autonomous features.

via Fortune|

#business #electric-vehicles #ev-market

health3 months ago•5 min saved

Obamacare Premiums Surge as Open Enrollment Starts, Sparking Concerns

Enrollees in the ACA face significant premium hikes in 2026, with some experiencing over 300% increases if current tax credits expire, leading to financial hardship and potential cancellations, amid ongoing political debates over subsidy extensions.

via ABC News|

#enrollment #health #health-insurance

healthcare3 months ago•3 min saved

ACA Open Enrollment Starts Amid Sharp Premium Increases

The open enrollment for ACA health insurance begins amid rising premiums, especially for those losing tax credits, with potential coverage loss for millions if subsidies are not extended, amidst ongoing government shutdown debates and legal challenges over funding for SNAP.

via BBC|

#aca #government-shutdown #healthcare

healthcare3 months ago•2 min saved

Obamacare Premiums Set to Rise Ahead of 2026 Open Enrollment

Obamacare health insurance premiums are expected to rise significantly in 2026, with an average increase of 26%, due to factors including the potential expiration of enhanced premium tax credits, which could cause monthly premiums to more than double for some enrollees if not extended. The ongoing government shutdown is central to the debate over extending these subsidies, impacting millions of Americans enrolled in ACA plans.

via Fox Business|

#government-shutdown #health-insurance #healthcare

health3 months ago•4 min saved

Key Tips for Navigating the 2026 Health Insurance Open Enrollment

The upcoming health insurance enrollment period is impacted by a government shutdown, leading to higher premiums, reduced assistance, and uncertainty over extended tax credits, prompting consumers to start shopping early and carefully consider their options amidst potential cost increases and limited help.

via AP News|

#enrollment-deadline #government-shutdown #health

politics4 months ago•3 min saved

GOP Prepares for Obamacare Subsidy Debate Ahead of Midterms

A poll shows that a majority of voters favor extending enhanced ObamaCare tax credits, which could influence GOP strategies in the upcoming midterms, as voters prefer candidates who support these subsidies amid ongoing government shutdown negotiations.

via The Hill|

#government-shutdown #midterm-elections #obamacare

health4 months ago•4 min saved

Health Insurance Premiums Set to Surge Amid Policy Battles

Open enrollment for ACA health plans begins soon, but premiums are expected to rise significantly due to the expiration of tax credits, impacting over 24 million enrollees, especially in red states and among middle-income seniors, potentially increasing the uninsured rate and straining hospitals.

via WBUR|

#aca-premiums #cost-increases #enrollment

entertainment4 months ago•3 min saved

California Invests $342 Million in 52 Films to Boost Economy and Film Production

California has allocated $342 million in tax credits to boost big-budget film productions, including 'Jumanji' and 'Heat 2,' as part of an effort to revitalize its film industry amid declining production and increased competition from other states and countries.

via Variety|

#california #entertainment #film-production