tax credits
Michigan Grants Big Three Automakers Billions in Tax Breaks for New Projects
Ford, General Motors and Chrysler have been granted a combined $2.1 billion in tax breaks to invest in 17 new projects in Michigan, the state's economic development agency said Tuesday.
Obama Pushes His New Stimulus Plan
Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make capital improvements now rather than later.
Obama Proposes a Raft of Tax Breaks for Businesses
President Barack Obama plans to propose billions of dollars worth of tax breaks for businesses, several of which are similar to proposals that previously enjoyed strong Republican support.
