Wednesday, August 11, 2021

Listen to The Beatles "I'm the Taxman for details


REVEALED: Pilot plan to charge drivers by the MILE is hidden in Biden's $1.2trillion infrastructure bill

  • Bill allocates $125million toward a vehicle miles traveled (VMT) tax pilot program
  • The Senate passed the measure in a Tuesday morning vote
  • A 2019 federal report found that adding the tax onto existing gas taxes could increase the prices of household goods for everyday families
  • Opponents say it may pull buyer incentive away from electric cars
  • A group of private and public transport companies lobbies Congress for a VMT tax in March, in a letter signed by 31 entities including shipping giant UPS 
  • Pete Buttigieg said a VMT tax wouldn't be part of the bill in a March interview


No comments: