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 ...

As cars get more fuel efficient, they become a less profitable source of tax dollars. So what's a city to do? Raising gas taxes is certain political death. For San Francisco Bay officials, creativity is the key. The Metropolitan Transportation Commission and Association of Bay Area Governments ...

The United States tax code will never be accused of being simple or easy to comprehend. With a tangle of exceptions and loopholes, individuals and corporations can work their way around paying their full income tax rate with ease. According to The Detroit News, General Motors continues to avoid ...

Remember Jetgate? Back in the pre-bankruptcy days of late 2008, when the Big Three CEO's were traveling to Washington to plead their case for funds, Ford's Alan Mulally, General Motors' then-CEO Rick Wagoner, and Chrysler's former chief Bob Nardelli were publicly chastised for flying in corporate ...

General Motors has gone on record to oppose a Washington State bill that would impose a fee of $100 per year on electric-vehicle drivers. GM Regional Director Howard Lenox, Jr. wrote a letter on March 6 to Washington State Governor Christine Gregoire stating that the automaker, which makes the ...

When gas prices rose in 2008, one of the few bits of good news was that the federal government was bumping up the business mileage deduction to 55 cents per mile. Now that gas prices have stabilized in 2009, the Internal Revenue Service has reportedly decided to cut back on some of its ...

The Governor of Massachusetts is backing a new state proposal to tax larger gas-guzzling vehicles each year when drivers register them. The so-called "Hummer Tax" would be the first in the nation, and it is designed to directly discourage ...

Ask for a little help from the government, and the next thing you know you're asking for the government to protect you from the very help it's giving you. General Motors is restructuring its debt load by offering equity shares instead of cash to debt holders, namely the government and the UAW. The ...

European car ads are always mentioning how many grams of CO2 a car emits because more than twelve European countries tax drivers based on those emissions. Germany, home to a cadre of automakers for which CO2 parsimony is not a prime consideration, has held out from the carbon dioxide taxation ...

Oregon ran a pilot program in 2006 and 2007 that fitted 300 cars with GPS receivers, which kept track of the cars' mileage. The receivers also kept records of when the cars were on the road, noting whether they traveled during rush hour or not. When the drivers went to several specially-equipped ...