Trucking Only Tax for Transportation Funding

What’s happening? A US Senate proposal calls for a 25 cent per mile fee on trucking to fund transportation. Trucks would have a tracking device that logs miles and reports data back to the IRS.

Why is this important? States are considering pay as you drive options to fund transportation as the gas tax doesn’t keep up. If your state has interstates and lots of trucks, maybe you’ve found your thing.

How will this be important? States will try this. Why recreate the wheel when you an just borrow it…

CCJ | Truck-only mileage tax put back on the table by Texas senator