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Taxes

Browse stories from the iTrucker archive.

News · Jun 7, 2019

Owner-operators benefiting from Trump tax cuts, Black Smoke Matters Blame Trump for smaller paychecks

"Truck drivers hauling for their own business received a lift in 2018 from President Donald Trump’s Tax Cuts and Jobs Act, according to analysis from tax consultancy ATBS." - According to the article in freightwaves.com and its author John Gallagher Gallagher also wrote - "That assessment, however, which was based on preliminary data compiled from over 3,000 tax returns by the Lakewood, Colorado-based company, did not align with concerns from members of Black Smoke Matters, who blame the Preside

News · May 23, 2019

House bill would boost fuel taxes to try to drum up infrastructure funding

"Rep. Earl Blumenauer (D-Oregon) on Wednesday announced the introduction of a bill into the U.S. House that would raise per-gallon fuel taxes on gasoline and diesel by five cents a year for five years — and then tie the fuel tax rate to inflation — as a means to raise revenue for surface transportation infrastructure". - According to article in overdriveonline.com and Overdrive Staff Read full story HERE Source and credits : overdriveonline.com / Overdrive Staff