US Economy

TL/DR - Former IRS contractor, Charles Edward Littlejohn, was sentenced to five years in prison for leaking the tax information of former President Donald Trump and thousands of wealthy individuals to news outlets between 2018 and 2020. Judge Ana Reyes handed down the maximum sentence, citing the crime's attack on the US system of government and…

TL/DR - The Internal Revenue Service (IRS) has issued further guidelines for tax credits related to installations of electric vehicle (EV) charging stations. Homeowners could receive up to $1,000 in credit to cover 30% of the installation cost, while businesses may be awarded up to $100,000 for the same cost percentage. Treasury Deputy Secretary…

TL/DR - The text discusses potential defining factors for energy and environmental policy in 2024, including the US general election, investments in clean energy technologies, the implementation of the Inflation Reduction Act, and state-level climate policymaking. The insights come from Resources for the Future (RFF) scholars Jim Boyd, Maya…

TL/DR - Peter Stahley, former staffer for Senator Joe Manchin, was responsible for major provisions of the Inflation Reduction Act and Infrastructure Investment and Jobs Act, and played a key role in creating new tax credits, which in turn complicates the tax code and raises tax rates. Having left his position as a staffer, Stahley is now a…