Browsing the "taxes" Tag

Some Experts Say Tax-By-Mile Black Boxes Inevitable

October 28th, 2013 | by Christopher DeMorro

For every action, there is an opposite and equal reaction, and in the case of cars higher fuel economy is coming at a high cost, literally, for the nation’s infrastructure. With the federal highway fund not covering necessary repairs or improvements anymore, many states are seriously considering a tax-by-mile system that has privacy rights advocates up in arms

Financials Show that Elio Motors is Really, Definitely, Not Gonna Happen

August 16th, 2013 | by Jo Borrás

Elio Motors’ next payment of three-million USD to Racer Trust – the “old GM” the property liquidation agent selling the old Shreveport GM plant to Elio – is due September 4th ... and Paul Elio is asking the people of Shreveport to pony up the funds. They shouldn't, because Elio's numbers don't add up

One Drawback of Fuel-Efficient Cars? Higher Gas Taxes

June 27th, 2013 | by Christopher DeMorro

The Federal Highway Fund has had a budget shortfall for decades, owing mostly to the fact that the Federal gas tax hasn’t budged since 1993. That alone was bad enough to cause our infrastructure to fall trillions of dollars behind, and new more fuel-efficient cars are only compounding the problem. This has Transportation Secretary Ray LaHood looking at options that include higher taxes and tracking miles driven

Virginia’s Governor Proposes Anti-EV Legislation

January 28th, 2013 | by Christopher DeMorro

In some parts of the country, there is a very real and rational discussion about the role electric vehicles will play in transportation, especially when it comes to paying taxes. Without the need to buy gasoline, EVs avoid paying for taxes on the same roads they use. But a proposal by Virginia Governor Bob McDonnell would eliminate the gas tax, while levying a $115 a year free on electric and plug-in hybrid drivers. Seriously

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