WTIS Blog Transportation Industry Supports Eliminating the Federal Excise Tax for New Trucks, Tractors & Trailers

The American Trucking Associations (ATA) announced its support of congressional legislation introduced in late March that repeals a World War I-era federal excise tax (FET) on the purchase of new trucks, tractors, and trailers. The FET adds a significant cost to purchasing commercial vehicles and has been widely criticized by trucking industry leaders and policymakers ... Continue reading "Transportation Industry Supports Eliminating the Federal Excise Tax for New Trucks, Tractors & Trailers"The post Transportation Industry Supports Eliminating the Federal Excise Tax for New Trucks, Tractors & Trailers appeared first on Western Truck Insurance Services.