AI regulation ban tucked into GOP tax bill
A powerful House committee has inserted language preventing states from regulating artificial intelligence into President Trump’s massive tax and spending bill.
A powerful House committee has inserted language preventing states from regulating artificial intelligence into President Trump’s massive tax and spending bill.
President Donald Trump’s Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.
The House tax committee aims to make official several of President Trump’s campaign tax pledges, and to avoid a millionaire tax.
The Internal Revenue Service has not yet satisfied the goal of the Payment Integrity Information Act to reduce improper payment rates to less than 10%.
The investment strategy may generate much greater loss harvesting than direct indexing, but backers point out that they work much differently.
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Artificial intelligence has indeed led tech-forward firms to be more efficient and productive, but at the same time firms have found it still struggles with precision and accuracy, limiting its usefulness.
The debate over state and local tax deductions has been a thorny fight because it’s a political priority for a small but vocal group of Republicans.
The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.
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