Rollback of Wind and Solar Subsidies
Author: Austin Gae TOPLINE: The One Big Beautiful Bill (OBBB) cuts $190 billion in electricity subsidies for unreliable solar and wind projects. download this memo
The One Big Beautiful Booklet is a collection of more than 60 memos that examine and summarize the major aspects of the One Big Beautiful Bill – the signature legislative achievement of President Trump and the 119th Congress.
Author: Austin Gae TOPLINE: The One Big Beautiful Bill (OBBB) cuts $190 billion in electricity subsidies for unreliable solar and wind projects. download this memo
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) allows a $1,700 tax credit for contributions individuals make to (nonprofit) scholarship granting organizations (SGOs)
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) provides a $6,000 tax deduction for taxpayers aged 65 and over ($12,000 in the case
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) permanently extended the expiring pass-through deduction for mostly small business owners, avoiding a looming tax
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) relaxed certain rules regarding what counts as qualified small business stock (QSBS), allowing more QSBS
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) reinstates authorization for the Federal Communications Commission (FCC) to hold competitive spectrum auctions and opens
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) capped state and local tax (SALT) deductions at about $40,000 (single/married joint filers) for tax
Author: Preston Brashers TOPLINE: To avoid benefits going to illegal immigrants, the One Big Beautiful Bill (OBBB) required that taxpayers provide a work-eligible Social Security
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) expanded: (1) The Employer-Provided Child Care Credit, (2) The Dependent Care Assistance Program (DCAP) exclusion,
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) expanded the tax on “excess” compensation paid by nonprofit organizations to highly paid employees. For
Author: Preston Brashers TOPLINE: The One Big Beautiful Bill (OBBB) increased federal taxes on large private college and university endowments. download this memo BACKGROUND: Most
TOPLINE: High taxes impede economic growth. The 2017 Tax Cuts and Jobs Act and the One Big Beautiful Bill promote faster economic growth in the