27.8 C
New York
June 30, 2025
Business

Harvard wins reprieve, SALT stalls: Big winners and losers of Trump's tax bill



The Senate Republicans’ tax bill favours US businesses and wealthy universities through tax deductions and credits, while low-income Americans face Medicaid and SNAP cuts. Clean energy providers and electric vehicle makers are also set to lose incentives. The bill’s provisions have sparked internal GOP divisions, potentially jeopardizing its passage.



Source link

Related posts

Market Trading Guide: BEML, DMart and BSE are among 8 stocks to buy on Monday for gains up to 19%

asdavi92@gmail.com

Beyond the benchmarks: Why smallcap funds can outperform in long term

asdavi92@gmail.com

Indian Banks' earnings growth forecast halved amid economic caution and high deposit costs

asdavi92@gmail.com

Leave a Comment