Hacker News with Generative AI: Tax Policy

Will the oil industry's tax breaks skate by in the search for trillions in cuts? (grist.org)
With a $4.5 trillion fight over tax cuts looming, the oil and gas industry wants to protect billions of dollars in tax benefits it enjoys and get new ones, too.
Companies chose to save cash from tax cuts rather than invest it into growth (phys.org)
A new study published in the Journal of Financial Economics examines the effects of the 2017 Tax Cuts and Jobs Act (TCJA) on U.S. multinational corporations.