Small-business truckers are countering a tax proposal by their big-business counterparts with one of their own: Suspend the heavy vehicle use tax (HVUT) — a better way to provide relief to the industry than suspending the federal excise tax (FET), they contend.
In a Thursday letter to congressional leaders, the Owner-Operator Independent Drivers Association (OOIDA) argued that a one-year suspension of the HVUT — an annual fee that costs about $550 per truck — would help every trucking business,...
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