US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax bill, while low-income Americans and clean energy providers are poised to be hit the hardest. The Senate bill has already sparked backlash from various GOP factions and several provisions threaten the fragile coalition that squeaked the legislation … Read more
US President Donald Trump and Tesla CEO Elon Musk, once allies and friends, have turned enemies with last night’s public feud on social media in which they targeted each other with brutal barbs. What began with Musk’s criticism of the government’s new tax bill turned an ugly slanging match. Trump claimed he had cut Musk … Read more
U.S. President Donald Trump would have the power to retaliate against countries that impose special digital service taxes on large U.S. technology companies like Amazon and Alphabet, under a provision in the sweeping tax bill that Congress is considering. “If foreign countries want to come in the United States and tax US businesses, then those … Read more