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Reply #37: Trucking companies [View All]

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lefthandedlefty Donating Member (247 posts) Send PM | Profile | Ignore Fri Dec-24-10 04:20 PM
Response to Reply #1
37. Trucking companies
We have have a 15 percent federal excise tax on new trucks,parts and tires.On a new 100,000.00 truck that is 15,000.00 plus state sales tax add in another 550.00 federal use tax every year,tax on every drop of fuel used plus annual license fees and apportioning fees now multiply that by over 3 million trucks in the US and that is paid even if the truck owner doesn`t make one penny profit unlike other business that pay no taxes if they don`t show a proffit.
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