Will governments decipher Inflation Reduction Act tax credits?

TL/DR - The Inflation Reduction Act (IRA) has allowed governments to access tax credits for the first time, aimed at funding clean energy and other green projects. Consequently, the U.S. Treasury has introduced the "direct pay" program, enabling tax-exempt organizations such as local, state, and tribal governments to be paid directly once a…

Matching Steps with Inflation Reduction Act

TL/DR - The Albanese government in Australia plans to respond to the US Inflation Reduction Act with multi-billion-dollar subsidies and co-investment in renewable energy and new industries. The move is considered part of the global green energy and manufacturing rush and its details will be announced in the upcoming budget. The US Inflation…

Why are Arizona’s Efforts to Defund Police Failing?

TL/DR - The "Defund the Police" movement has resulted in a proposed bill in Arizona that prohibits cities and towns from reducing their police budgets, with the risk of losing their state shared revenue. The bill, House Bill 2120, is sponsored by first-term Republican lawmaker David Marshall and passed its first committee by a party-line 8-7…