House Pursues Repeal of Federal Excise Tax
New trucks for sale at a Kenworth dealership. (kenworthsalesco.com) Legislation designed to repeal a World War I-era tax on new heavy-duty trucks, tractors and trailers was recently introduced in the U.S. House of Representatives. Rep. Doug LaMalfa (R-Calif.), a senior member of the Transportation and Infrastructure Committee, has renewed an effort to repeal this 12% ...more