Trucking Stakeholders Ask Congress to Repeal the 12% Federal Excise Tax on Trucks, Trailers

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{"text":"A group of trucking stakeholders asked Congress to repeal the 12% federal excise tax on the purchase of heavy-duty trucks, tractors and trailers. \n\nIn a letter to top leaders in the US Senate and House of Representatives, 21 wide-ranging trade organizations, Including American Trucking Associations, called the tax \"outdated\" and the \"most inconsistent revenue source for the Highway Trust Fund over the past 20 years.\" \n\n\"Repealing the tax would deploy new, cleaner and safer heavy-duty trucks and trailers by making them More affordable — especially for small businesses,” read the letter, dated July 24. \n\nRead more: https://www.ttnews.com/articles/trucking-stakeholders-ask-congress-repeal-12-federal-excise-tax- Trucks-trailers ","videos":"[]","link":"{}","pics":"[]","canComment":true}