No articles are featured in this category.
House Bill Seeks to Repeal Excise Tax; Increase Diesel Fuel Tax
April 9, 2012
Congressmen Jim Gerlach (R-Penn.) and Earl Blumenauer (D-Ore.) introduced a bill, H.R. 4321, that seeks to repeal the 12 percent federal excise tax on large trucks and replace it with a 6.3-cent increase in the federal diesel fuel tax. The American Trucking Associations (ATA) called on Congress to swiftly adopt the proposal, saying it would reinforce the ailing Highway Trust Fund while providing a boost to U.S. manufacturing. ATA said the measure would cut $15,000 from the cost of the average new truck, encouraging truck purchases.
This article originally ran in NATSO News Weekly (NNW). NNW, NATSO's electronic newsletter, is packed with the latest updates on government and business issues affecting the truckstop and travel plaza industry. Every Monday it is emailed to NATSO members only.
If you aren't reading NNW, you are missing out. If you are a member and not receiving NNW, submit a request to be added to the email list. Not a member? Join today or submit a request to receive additional information.
- NATSO News Weekly (NNW)
More on Fuel & Trucking
- Truckstop Operators Respond To The Changing Fuel Efficiency Landscape
- The Economics of RINs for Truckstops
- Translating Trucking Trends Into Profitable Action Items At Your Truckstop
- Trucks Of The Future Will Take Some Decision Making Away From Drivers
- API Urges White House to Keep Current Ozone Standards
- Five Factors Affecting the Future of Freight Movement