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”