Topics: Tax

As Highway Trust Fund Hits Insolvency, Lawmakers Discuss Gas Tax Increase

Lawmakers on the House Transportation and Infrastructure Committee on Tuesday debated the possibility of increasing the 18.4 cents per gallon federal gas tax for the first time since 1993. More

Senate Finance to Revamp U.S. Tax Code

Senate Finance Committee Chairman Max Baucus said his committee will consider revamping the U.S. tax code this year to lower tax rates and broaden the tax base. Similar efforts are underway in the U.S. House of Representatives, where Ways and Means Committee Chairman Dave Camp (R-Mich.) is pushing a tax rewrite. More

Fuel Tax Changes Take Effect in Several States July 1

Beginning July 1, a number of states will see changes to the price of fuel at the pump as new taxes take effect. More

States Consider Charging Fees for Electric and Hybrid Vehicles

Lawmakers tasked with finding new revenue streams to fund infrastructure projects increasingly are asking drivers of electric and hybrid vehicles to pay their fair share of infrastructure fees. More

States Continue to Propose Tax Changes to Fund Infrastructure

The number of states considering tax changes to fund infrastructure continues to grow. More

States Continue to Propose Tax Changes to Fund Infrastructure

At least 18 state legislatures have either passed tax increases this year to fund infrastructure or are considering it. More

USA Today Editorial Calls For Increasing the Gas Tax

Increasing the federal motor fuels tax is the simplest, fairest and least invasive way to increase revenues for infrastructure spending, USA Today stated in a recent editorial. More

MD Lawmakers Approve Gas Tax Increase

Maryland lawmakers gave final approval Friday to the first increase in the state’s gas tax in 20 years. Under the bill, which passed the Senate 27 to 20, motorists can expect to pay between 13 and 20 cents more per gallon by mid-2016. More

Broad Tax Reform Could Open Door to Fuel Tax Increase

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-Pa.) said last week that an increase in the federal fuel tax could be included in a broader tax reform package. More

IRS Accepting Electronic Filings for Motor Fuel Excise Tax-Related Claims

The Internal Revenue Service announced that it has finished updating its tax-processing system software allowing business and individual taxpayers to once again electronically file 2012 federal tax returns, including motor fuel excise tax returns, biodiesel credit claims as well as alternative fuel and alternative fuel mixture credits and income tax returns. More

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