Missouri lawmakers have approved a measure that would let the voters decide whether to raise the state’s sales tax to 5 cents for 10 years to generate funding for transportation.
May 14, 2014Fuel, Business
Senator Urges Fuel-Tax Hike to Pay for Transport Spending
WASHINGTON — Sen. Tom Carper (D-Del.) said Congress should approve modest increases to the federal fuel taxes as a way to finance the six-year transportation reauthorization bill and raise revenue for the Highway Trust Fund, which is quickly running out of money.
May 19, 2014Government, Business
Missouri Voters to Decide on New Sales Tax for Transportation
Government, Fuel, Business
N.H. Lawmakers Vote to Increase Fuel Taxes
New Hampshire lawmakers voted to raise the state’s 19.625-cent fuel tax by 4 cents starting July 1.
April 23, 2014Business
Panel Approves Bill Extending Tax Credits for New Trucks, Alternative-Fuel Producers
A bill that would extend tax credits for carriers buying new trucks and to those who produce biodiesel or supply trucks with natural gas has been approved by the Senate Finance Committee.
April 14, 2014Government, Business
Institute Takes Closer Look At States’ Gas Tax
As state and federal transportation officials scramble to secure funding sources to repair aging infrastructure, two timely fact sheets released by the Institute on Taxation and Economic Policy on April 1 highlight what states have done with their gas tax system over the years.
April 1, 2014Government, Business
Ohio Upholds Law Preventing Municipal Taxes for Carriers
The Ohio Supreme Court has held that a state statute does not allow municipalities to tax the income of motor carriers.
March 27, 2014Editorial, Business
Editorial: Open Minds on Funding
March 3, 2014
Government, Fuel, Business
Foxx Says Fuel Tax Increase Is Not Needed
WASHINGTON — Transportation Secretary Anthony Foxx said the Obama administration still believes there is a better way to raise the money needed to upgrade the nation’s highway infrastructure than to raise the federal fuel tax.
February 20, 2014Editorial, Business
Editorial: A Shrinking Table
We were disappointed — but not surprised — that Rep. Bill Shuster (R-Pa.) said he would not support an increase in federal fuel taxes to fund the nation’s aging highway system. Shuster, chairman of the House Transportation Committee, made the comments at an infrastructure event in Washington, D.C., on Feb. 4.
February 10, 2014Government, Business
Shuster Rejects Higher Fuel Taxes
WASHINGTON — House Transportation Committee Chairman Bill Shuster (R-Pa.) said he wants a five- to six-year highway bill but is not backing higher fuel taxes to pay for improvements and new capacity for the nation’s roads and bridges.
February 4, 2014