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excise tax
Government, Business, Equipment, Fuel, Perspective

Perspective: Repeal FET to Boost Green Buying

A question to ask the decision-makers in Washington: If the goal is to get more cleaner, greener trucks on the road, why does the federal government keep the 12% federal excise tax on the sale of a new truck?

Scott McCandless | Chairman, American Truck Dealers
June 21, 2022
Government, Business, Technology, Equipment

US Senators Introduce Bill to Repeal Excise Tax on New Trucks

Two U.S. senators proposed repealing the excise tax on new trucks as an effort to modernize the freight industry.

Eugene Mulero | Senior Reporter
July 26, 2021
Government, Business, Equipment, Perspective

Perspective: Pivotal Opportunity to Repeal FET

Congress and President Joe Biden are currently focused on improving America’s infrastructure, with a key sticking point being how to pay for the improvements. This debate presents an opportunity for Congress to finally resolve funding for the insolvent Highway Trust Fund by replacing antiquated funding mechanisms — such as the federal excise tax on heavy-duty trucks and trailers — with solutions that are more reflective of today’s transportation landscape.

Steve Bassett | Chairman, American Truck Dealers
June 21, 2021
Government, Business, Equipment

Freight Stakeholders Press for Excise Tax Suspension

A sector within the transportation community is asking the leadership on Capitol Hill to suspend a tax on the purchase of new trucks as part of a pandemic-related economic aid measure.

Eugene Mulero | Senior Reporter
September 22, 2020
Government, Business

House Lawmakers Push Suspension of 12% Tax on New Trucks, Trailers

A group of lawmakers is calling on House leaders to temporarily suspend an excise tax on new trucks as part of the next phase of COVID-19 stimulus assistance.

Eugene Mulero | Senior Reporter
July 21, 2020
Government, Business, Technology, Equipment, Perspective

Perspective: Federal Excise Tax Relief Can Aid Recovery

The coronavirus pandemic has changed the world. In the United States it altered the way our country operates and wreaked havoc on American businesses, but leaders in Washington responded with actions that helped mitigate the damage. I applaud these efforts and am confident that our economy will bounce back. But the work is not done.

Steve Bassett | Chairman, American Truck Dealers
June 15, 2020
Government, Business, Equipment

Excise Tax Relief Would Benefit Trucking, ATA’s Chris Spear Says

Federal policymakers crafting additional ways to restore economic stability amid the COVID-19 pandemic should consider suspending a World War I-era federal excise tax on the sale of new trucks and trailers, a coalition of freight stakeholders said April 28.

Eugene Mulero | Senior Reporter
April 28, 2020
Government, Business, Technology, Equipment, Safety

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

A group of trucking stakeholders asked Congress to repeal the 12% federal excise tax on the purchase of heavy-duty trucks, tractors and trailers.

Eric Miller | Senior Reporter
August 1, 2019
Government, Business

Coalition Pushes for Federal Excise Tax Repeal on New Trucks

A group of stakeholders is pushing for the congressional repeal of the federal excise tax on the sale of heavy-duty trucks and trailers. At a forum June 19, the Modernize the Truck Fleet coalition urged federal lawmakers to pass the Modern, Clean, and Safe Trucks Act of 2019.

Eugene Mulero | Senior Reporter
June 25, 2019
Government, Business, Equipment, Perspective

Perspective: Repealing the Federal Excise Tax to ‘Modernize the Truck Fleet’

More than 100 commercial truck dealers, trade association executives and trucking industry stakeholders will descend on Washington the week of June 17 to urge members of Congress to co-sponsor the Modern, Clean and Safe Trucks Act of 2019.

Jodie Teuton | Chairwoman, American Truck Dealers
June 11, 2019

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