Trump Tax Bill to Boost Biden's Chipmakers Subsidy to 30%
The Senate’s draft tax bill calls for temporarily increasing an investment credit for semiconductor manufacturers, enhancing a subsidy for chipmakers to build factories in the US.The measure would increase the size of the tax credit to 30% of investments in plants, up from 25%, giving chipmakers further incentive to spend on new facilities before the tax break expires at the end of 2026....
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