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Tax Incentives
A tax incentive is an aspect of a government's taxation policy designed to incentivize or encourage a particular economic activity by reducing tax payments. Tax incentives can have both positive and negative impacts on an economy. Among the positive benefits, if implemented and designed properly, tax incentives can attract investment to a country. Other benefits of tax incentives include increased employment, higher number of capital transfers, research and technology development, and also improvement to less developed areas. Though it is difficult to estimate the effects of tax incentives, they can, if done properly, raise the overall economic welfare through increasing economic growth and government tax revenue (after the expiration of the tax holiday/incentive period). However, tax incentives can cause negative effects on a government's financial condition, among other negative effects, if they are not properly designed and implemented. According to a 2020 study of tax ince ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Reform Act Of 1986
The Tax Reform Act of 1986 (TRA) was passed by the 99th United States Congress and signed into law by President Ronald Reagan on October 22, 1986. The Tax Reform Act of 1986 was the top domestic priority of President Reagan's second term. The act lowered federal income tax rates, decreasing the number of tax brackets and reducing the top tax rate from 50 percent to 28 percent. The act also expanded the earned income tax credit, the standard deduction, and the personal exemption, removing approximately six million lower-income Americans from the tax base. Offsetting these cuts, the act increased the alternative minimum tax and eliminated many tax deductions, including deductions for rental housing, individual retirement accounts, and depreciation. Although the tax reform was projected to be revenue-neutral, it was popularly referred to as the second round of Reagan tax cuts (following the Economic Recovery Tax Act of 1981). The bill passed with majority support in both the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mortgage Interest Deduction
A home mortgage interest deduction is a form of housing subsidy that allows taxpayers who own their homes to reduce their taxable income by the amount of interest paid on the loan which is secured by their principal residence (or, sometimes, a second home). The mortgage deduction makes home purchases more attractive, but contributes to higher house prices. Most developed countries do not allow a deduction for interest on personal loans, but the Netherlands, Switzerland, the United States, Belgium, Denmark, and Ireland allow some form of the deduction. Status in countries Canada Canadian federal income tax does not allow a deduction from taxable income for interest on loans secured by the taxpayer's personal residence, but landlords who own rental residential or commercial property may deduct mortgage interest as a reasonable business expense; the difference between the two being that the deduction is only allowed when the property is not for the taxpayer's personal use, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taxation
A tax is a mandatory financial charge or levy imposed on an individual or legal person, legal entity by a governmental organization to support government spending and public expenditures collectively or to Pigouvian tax, regulate and reduce negative Externality, externalities. Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax relief. The first known taxation occurred in Ancient Egypt around 3000–2800 BC. Taxes consist of direct tax, direct or indirect taxes and may be paid in money or as labor equivalent. All countries have a tax system in place to pay for public, common societal, or agreed national needs and for the functions of government. Some countries levy a flat tax, flat percentage rate of taxation on personal annual income, but most progressive tax, scale taxes are progressive based on brackets of yearly income amounts. Most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cheniere Energy
Cheniere Energy, Inc. is an American liquefied natural gas (LNG) company headquartered in Houston, Texas. In February 2016 it became the first American company to export liquefied natural gas. Cheniere Energy is the largest exporter of LNG in the United States and the second-largest LNG producer globally as of 2024. As of 2024 it is a Fortune 500 company. Company history Initially an oil-and-gas exploration company, the company shifted its focus in the early 2000s to developing liquified natural gas regas terminals, beginning with a terminal in Sabine Pass, Louisiana in March 2005. The company faltered in the late 2000s as LNG imports dried up due to international competition. In 2016 Cheniere founder Charif Souki was ousted after a dispute with investor Carl Icahn. In the late 2010s, as natural gas production rose in the United States, the company grew significantly and in 2016 became an exporter of LNG to international markets under its newly appointed CEO, Jack Fusco (fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Park Service
The National Park Service (NPS) is an List of federal agencies in the United States, agency of the Federal government of the United States, United States federal government, within the US Department of the Interior. The service manages all List of national parks of the United States, national parks; most National monument (United States), national monuments; and other natural, historical, and recreational properties, with various title designations. The United States Congress created the agency on August 25, 1916, through the National Park Service Organic Act. Its headquarters is in Washington, D.C., within the main headquarters of the Department of the Interior. The NPS employs about 20,000 people in units covering over in List of states and territories of the United States, all 50 states, the District of Columbia, and Territories of the United States, US territories. In 2019, the service had more than 279,000 volunteers. The agency is charged with preserving the ecological a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Register Of Historic Places
The National Register of Historic Places (NRHP) is the Federal government of the United States, United States federal government's official United States National Register of Historic Places listings, list of sites, buildings, structures, Historic districts in the United States, districts, and objects deemed worthy of Historic preservation, preservation for their historical significance or "great artistic value". The enactment of the National Historic Preservation Act (NHPA) in 1966 established the National Register and the process for adding properties to it. Of the more than one and a half million properties on the National Register, 95,000 are listed individually. The remainder are contributing property, contributing resources within historic district (United States), historic districts. For the most of its history, the National Register has been administered by the National Park Service (NPS), an agency within the United States Department of the Interior. Its goals are to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canton, Mississippi
The city of Canton is the county seat of Madison County, Mississippi, United States, and is situated in the northern part of the Jackson, Mississippi metropolitan area, metropolitan area surrounding the state capital, Jackson, Mississippi, Jackson. The population of Canton was 10,948 at the 2020 United States census, 2020 census, down from 13,189 in 2010 United States census, 2010. The city is adjacent to a large auto manufacturing facility owned by Nissan. History Although not a major battle site during the American Civil War, Civil War, Canton was important as a rail and logistics center. Many wounded soldiers were treated in or transported through the city, and as a consequence it has a large Confederate States of America, Confederate cemetery. Much of Canton is on the National Register of Historic Places. The courthouse square is a historic shopping district and host to the Canton Flea Market. The picturesque Georgian architecture, Georgian courthouse is particularly notabl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nissan
is a Japanese multinational Automotive industry, automobile manufacturer headquartered in Yokohama, Kanagawa, Japan. The company sells its vehicles under the ''Nissan'' and ''Infiniti'' brands, and formerly the ''Datsun'' brand, with in-house performance tuning products (including cars) under the Nismo and Autech brands. The company traces back to the beginnings of the 20th century, with the Nissan ''zaibatsu'' or called Nissan Group. Since 1999, Nissan has been part of the Renault–Nissan–Mitsubishi Alliance (Mitsubishi joining in 2016), a partnership between Nissan and Mitsubishi Motors of Japan, with Renault of France. , Renault holds a 15% voting stake in Nissan, while Nissan holds the same stake in Renault. Since October 2016, Nissan held a 34% controlling stake in Mitsubishi Motors. In November 2024, Nissan reduced its stake in Mitsubishi Motors from 34% to 24%. Nissan planned to merge with Honda Motor Company in 2026, after an announcement in December 2024. However by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reno Gazette Journal
The ''Reno Gazette Journal'' is a daily newspaper in Reno, Nevada. It is owned and operated by the Gannett Company. History The newspaper came into being when the ''Nevada State Journal'' (founded on November 23, 1870) and the ''Reno Evening Gazette'' (founded on March 28, 1876) were combined on October 7, 1983. Speidel Newspapers bought the ''Gazette'' on October 1, 1939, and bought the ''Journal'' a month later. Gannett bought Speidel Newspapers on May 11, 1977. On April 16, 2019, an edition of the ''Nevada State Journal'' was found during the opening of a time capsule from 1872 in the cornerstone of a demolished Masonic Freemasonry (sometimes spelled Free-Masonry) consists of fraternal groups that trace their origins to the medieval guilds of stonemasons. Freemasonry is the oldest secular fraternity in the world and among the oldest still-existing organizati ... lodge in Reno. In May 2024, the newspaper announced it will switch from carrier to postal delivery. R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gigafactory 1
Gigafactory Nevada (also known as Giga Nevada or Gigafactory 1) is a lithium-ion battery and electric vehicle component factory in Storey County, Nevada, United States. The facility, located east of Reno, is owned and operated by Tesla, Inc. The factory supplies battery packs and drivetrain components (including motors) for the company's electric vehicles, produces the Tesla Powerwall home energy storage device, and assembles the Tesla Semi. It is the largest (by land area) and the first Tesla Gigafactory in the world. The facility is located at the Tahoe Reno Industrial Center (TRIC) and employed around 7,000 people at the end of 2018, with a goal of hiring thousands more with a total of nearly 10,000 statewide. The factory started limited production of the Tesla Powerwall home energy storage device in January 2016 using battery cells produced elsewhere and began mass production of cells in January 2017. The grand opening event was held on July 29, 2016. The factory has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tesla Motors
Tesla, Inc. ( or ) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. Its name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, Elon Musk led Tesla's first funding round and became the company's chairman; in 2008, he was named chief executive officer. In 2008, the company began production of its first car model, the Roadster sports car, followed by the Model S sedan in 2012, the Model X SUV in 2015, the Model 3 sedan in 2017, the Model Y crossover in 2020, the Tesla Semi truck in 2022 and the Cybertruck pickup truck in 2023. Tesla is one of the world's most valuable companies in terms of mark ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chrysler
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotive company Stellantis. Stellantis North America sells vehicles worldwide under the Chrysler (brand), Chrysler, Dodge, Jeep, and Ram Trucks nameplates. It also includes Mopar, its automotive parts and accessories division, and Street and Racing Technology, SRT, its performance automobile division. The division also distributes Alfa Romeo, Fiat, and Maserati vehicles in North America. The original Chrysler Corporation was founded in 1925 by Walter Chrysler from the remains of the Maxwell Motor Company. In 1998, it merged with Daimler AG, Daimler-Benz, which renamed itself DaimlerChrysler but in 2007 sold off its Chrysler stake. The company operated as Chrysler LLC thr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
