Tax Cuts and Jobs Act
Coverage of Tax Cuts and Jobs Act in the Nexus archive.
- DTE paid no federal income taxes for 12th straight year despite more than $1.5B profit
DTE Energy did not pay federal income taxes for the 12th consecutive year in 2025 despite reporting $1.54 billion in profits, citing tax breaks from infrastructure and clean energy investments. The company is seeking a 9.7% electric rate hike and has received hundreds of millions in tax cuts over the past decade.
- Trump heads to a competitive New York district to sell his tax law as voters sour on the economy
President Trump is visiting a competitive New York congressional district to promote his tax law, particularly the expanded state and local tax (SALT) deduction, while his approval rating on the economy has declined to about one-third of Americans. The event will feature Republican Rep. Mike Lawler, who is up for reelection in one of the most closely watched House races, and aims to highlight Trump's economic accomplishments despite voter disapproval of his economic stewardship.