6 Articles
1 / 1
202Virginia's Gov. McDonnell proposes elimination of gasoline tax

The assessment of a gas tax and the role it plays in a state's transportation and overall budgets has been a topic of discussion for a while, and Virginia state governor Bob McDonnell is the latest to offer up another way to secure more revenue from the state's residents to pay for their roads and public transportation. McDonnell's proposal would eliminate Virginia's 17.5-percent gas tax entirely, with funds for infrastructure projects coming from an increase in the sales tax from five percent t

9REPORT: Tesla gets creative $28 million tax incentive in California

While not every state offers as big a rebate on the Tesla Roadster as Colorado does, there is a federal tax credit of $7,500 available to people who buy the electric sports car. Drivers aren't the only ones that various governments want to help in getting electric vehicles on the road. Tesla Motors itself will benefit from a favorable bit of tax massaging by state of California Treasurer Bill Lockyer.

17Fed extends new-auto tax break to states without auto sales tax

While we wait for the Cash-for-Clunkers bill to come out on the other side of Congress, there's already incentives available from the government that you can take advantage of when purchasing a new car. The main one is deducting the fees and taxes paid on a new car in next year's tax returns. Previously this tax deduction was available only in states that used a sales tax, but the U.S. Treasury announced this week that it would be extended to states without a sales tax like Alaska, Delaware, Haw

AddIndiana Republicans propose Biofuels Grant Program

This week, Indiana Republicans called for further incentives in the state to promote alternative fuels such as ethanol. House Speaker Brian Bosma, R-Indianapolis, with the support of the GOP, proposed the following:

3Hybrid tax rebates doubled in Ontario, Canada

The province of Ontario, Canada, has enacted a new policy affording double tax-rebates for hybrid vehicles, effective last Friday. Previously, the rebate was up to $1,000... now it is $2,000 maximum.

11Missouri proposes tax break for cars and trucks built in-state

Missouri’s state House passed legislation last week that waived the state’s sales tax on vehicles built within its borders. Supporters hope the tax break will spurn residents to purchase more locally-assembled vehicles, ultimately encouraging automakers to build even more local facilities. Daimler-Chrysler's Chrysler Group, Ford Motor Company and General Motors already have plants in the "Show Me" state.

1 / 1