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Knewz on MSNBessent Rips Newsom's Threat to Withhold TaxesTreasury Secretary Scott Bessent slammed California Governor Gavin Newsom‘s threat to withhold the $80 billion in taxes the state pays to the federal government, calling it “tax evasion.” Newsom’s ...
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Money Talks News on MSNSolar Tax Credit Vanishes: Homeowners Face $9,000 Loss Under Trump's New Bill After 2025President Trump's latest legislation eliminates the 30% federal solar tax credit after December 2025, ending the program nearly a decade early.
President Donald Trump and California Gov. Gavin Newsom exchanged words on Monday over protests in Los Angeles over the ...
In response, Gov. Gavin Newsom wrote Friday afternoon in a social media post that California provides about $80 billion more in taxes to the federal government than it receives in return.
The treasury secretary called the governor's remarks suggesting the state could withhold federal tax payments amid reported federal funding cuts "reckless." ...
Newsom amplified his point about California's contribution to the federal treasury — albeit without the threat to cut it off — in an official statement also issued Friday.
Gavin Newsom Asks Trump to Create $7.5 Billion Federal Tax Credit for ... tax incentives and other tactics used by foreign countries to attract movie productions as “a national security threat.
Newsom’s proposal would see the federal government step in to boost film and TV production in the U.S. by modelling the tax credit on California’s own proposed $750 million state level program.
Newsom proposes to work with Trump to 'Make America Film Again,' floats $7.5B federal tax credit Newsom, Adam Schiff take rare collaborative tone on Trump's proposed Hollywood revival.
Gavin Newsom has proposed a $7.5 billion federal film incentive one day after Donald Trump revealed his plans for sweeping tariffs on foreign film.
As President Donald Trump mobilizes another 2,000 National Guard troops to Los Angeles amid anti-Immigrations and Customs Enforcements (ICE) protests in Los Angeles, California Gov. Gavin Newsom ...
President Donald Trump intensified his criticism of California's high-speed rail project on Tuesday, vowing that the U.S. government would not provide any federal funds for the $128 billion plan.
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