excise tax

Government, Business, Equipment

Freight Stakeholders Press for Excise Tax Suspension

New trucks on lot New trucks sit on a sales lot in Kentucky. The groups say the excise tax adds an average of $22,000 to the cost of a new truck or trailer. (John Sommers II for Transport Topics)

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

new trucks on lot Legacy Truck Centers video via Facebook

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

International trucks on a lot in Miami International trucks sit on the sales lot at Rechtien International Trucks in Miami. (Rechtien International Trucks)

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

Truck on highway Trucking industry stakeholders say the 12% federal excise tax discourages heavy-duty truck owners from buying new trucks that are equipped with better technology and safety features. (Getty Images)

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

WWI-era and modern trucks in Washington The coalition brought a World War I-era truck and a modern truck to Capitol Hill to illustrate the differences. (Modernize the Truck Fleet coalition via YouTube)

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
Government, Business, Safety, Fuel

Lawmakers Introduce Bill to Repeal Federal Excise Tax on New Trucks

Trucks on Mack/Volvo lot John Sommers II for Transport Topics

Two members of the U.S. House of Representatives recently introduced legislation aimed at repealing the 12% federal excise tax on certain heavy-duty trucks, tractors and trailers.

Eugene Mulero | Senior Reporter
May 7, 2019
Government, Business, Technology, Fuel

ATD Announces Coalition to Repeal Federal Excise Tax on Heavy-Duty Trucks

Jodie Teuton ATD Chairwoman Jodie Teuton says repealing the federal excise tax on heavy-duty trucks would promote deployment of new vehicles that are cleaner and safer than older models. (Seth Clevenger/Transport Topics)

SAN FRANCISCO — American Truck Dealers announced a new industry coalition to push for the repeal of the 12% federal excise tax on heavy-duty trucks.

Seth Clevenger | Managing Editor, Features
January 28, 2019
Government, Business

Senate Bill Would Repeal Federal Excise Tax on Heavy Truck Sales

Sen. Cory Gardner Sen. Cory Gardner by Zach Gibson/Bloomberg News

Sen. Cory Gardner (R-Colo.) introduced a bill June 13 that would repeal the federal excise tax that applies to the sale of heavy-duty trucks.

Eleanor Lamb | Staff Reporter
June 13, 2018