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X @Bloomberg
Bloomberg· 2025-07-10 14:50
A set of provisions tucked into President Donald Trump’s new tax-and-spending law has real estate developers and affordable housing proponents cheering – though some view it as a bittersweet victory https://t.co/Qb0QDOZpA1 ...
Changes to bonus depreciation: Here's what taxpayers need to know
CNBC Television· 2025-07-10 12:28
The new tax law gives a big boost for private jets, allowing buyers to write off the entire purchase price immediately. Robert Joe was mentioning this earlier. It is known as bonus depreciation.It allows companies to write off 100% of the purchase price of all capital equipment and that does include private jets that are used for business. Now, the new budget law brings back bonus depreciation. That was originally passed in 2017, but it started to phase out.So, here's what it means. The full purchase price ...
X @Bloomberg
Bloomberg· 2025-07-10 11:25
Trump's tax law gives billionaires a break right away — but buries brutal Medicaid and SNAP cuts until after the 2026 midterms, writes @MaryEllenKlas (via @opinion) https://t.co/k5efWDfqTz ...
Tax Law & Tariff Update - 7/8/25 | Market Sense | Fidelity Investments
Fidelity Investments· 2025-07-09 19:59
Market Overview & Key Topics - Fidelity's Market Sense discusses the passage of the tax and spending bill and ongoing tariff negotiations [1] - The discussion includes the latest happenings in the markets as the second half of 2025 begins [1] Fiscal Policy & Legislation - The program covers topics such as the "Big Beautiful Bill," tariffs, and tax cuts [1] - Specific legislation mentioned includes TCJA (Tax Cuts and Jobs Act) and SALT (State and Local Tax) [1] Social Programs & Benefits - Social Security and the Child Tax Credit are discussed [1] - HSA (Health Savings Account) and 529 plans are also covered [1] Economic Impact & Concerns - The potential impact of the Tax & Spending Law on the economy is analyzed [1] - The discussion includes the national debt [1]
X @The Wall Street Journal
The new tax-and-spending law runs 887 pages, changing how everything from estates to car loan interest is taxed.Take our quiz to test your knowledge of what’s in the law. https://t.co/wYXCNcGhgK ...
X @The Wall Street Journal
The Republican tax megabill is headed into law after passing the House. Here’s what it could mean for your finances. https://t.co/3QQkqv7ZlG ...