Listen: Tesla, Linda Kenyon, IRS discussed on Coast to Coast AM with George Noory
"Shutdown taxes tests, the price cut Necker. What else officials in congressional staffers will continue to go. She -ation Saturday over the government shutdown even after President Trump declared he could keep going for months or even years, the new chairman of the House Ways, and means committee Representative Richard Neal wants to know how the partial government shutdown will affect the upcoming tax filing season. More from correspondent, Linda Kenyon in a letter to the Treasury Secretary Steve Mnuchin and the IRS Commissioner Charles Radic, the Massachusetts Democrat the upcoming tax filing season will reflect the overhaul of the tax law. As a result. He writes, it is important to understand the capabilities and the repair challenges that could result from the partial government shutdown. The IRS is one of those agencies whose funding lapsed on December twenty second, and I r s employees involved in issuing refunds to taxpayers generally are furloughed during government shutdowns if they occur during a non filing tax season. That season begins later this month. Linda Kenyon, Capitol Hill. Tesla passed a milestone in sales recently, and as a result, the tax credit is being phased out. Correspondent Steve Kastenbaum says Tesla's trying to keep the customers interested tesla sold more vehicles in two thousand eighteen that it sold in every previous year combined excluding 2017, but the company's founder is concerned. What impact the phasing out of the tax credit for electric vehicles will have? So he's cutting prices Elon Musk is having his company lower the price tag of his cutting edge vehicles by two thousand dollars that'll make up for part of the loss of half of the seventy five hundred dollar tax credit by twenty twenty it will completely disappear tesla triggered the tax credit phase out when it became the first car maker in the US to sell more than."