Given the expected decline in gas sales under California's zero-emission vehicle mandates, the politics for implementing a new revenue source will be as thorny as the gas tax has been for 102 years.
Energy policy expert Jason Isaac argues clean air mandates are exacerbating the significant drop in gas tax revenues that ...
New Budget: No adjustments to tax brackets, feeding bracket creep. The fuel levy and Road Accident Fund levy have been frozen since 2022, and the original budget wanted to continue this for ...
Americans for Public Trust, a nonprofit and nonpartisan organization, sent a letter to the Office of Congressional Ethics (OCE ... to a claim she is "wasting tax dollars." "100% wrong," Ocasio ...
Tax receipts from the importation and sale of alcoholic drinks, fuel, cigarettes, cosmetics, and cars have remained largely flat in the first half of the current financial year amid complaints of ...
The trend has since swept across the automotive industry thanks to the proliferation of hybrid technology, more advanced turbocharged powertrains, and increasingly strict fuel economy regulations.
As the number of electric vehicles (EVs) and fuel-efficient cars on American roads continues to grow, U.S. state governments are grappling with a decline in gas tax revenues, a primary source of ...
Photo: Kevin Lamarque/Reuters/Amanda R. Gray/U.S. Navy The story of Republican tax policy in the Trump era is the contest between pro-growth ideas and anti-growth income redistribution.
There is a lot to celebrate whenever a tax goes away—but the devil is in the details. First, the numbers. There is $36.4 billion in reported tip income in the United States annually—emphasis ...
TOKYO, March 7 (Reuters) - Cosmo Energy Holdings is set to launch Japan's first domestic production of sustainable aviation fuel in April, a step toward the country's goal of replacing 10% of jet ...
Colombo, February 6 (Daily Mirror) - Sri Lanka Customs (SLC) has refuted false information circulating about the imposition of a fuel tax on hybrid vehicles during customs clearance. The SLC ...
Investopedia / Candra Huff A marginal tax rate is the percentage of tax applied to each additional dollar of income within a specific bracket, rather than being applied to the whole income.