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Tag: taxes: Page 2
Construction Equipment
Caterpillar to defend tax strategy before U.S. Senate today, will likely receive support from John McCain
Caterpillar has confirmed an earlier report by saying it is scheduled to testify in a U.S. Senate hearing on whether the company illegally shifted profits overseas to avoid paying federal taxes. According to a report from Reuters, the Senateâs Permanent Subcommittee on Investigations headed by Michigan Democrat Sen. Carl Levin, prepared a report that focuses on Caterpillar corporate [âŠ]
March 31, 2014
Business
CHARTS: Americans donât pay enough for roads
A great report from The Atlantic Cities brings two charts into focus that do a great job of illustrating why American infrastructure is struggling. The charts were put together by Juan Gomez and JosĂ© Manuel Vassallo for the Journal of Infrastructure Systems and compile data gathered between 2004 and 2009.  The first chart compares the United Statesâ [âŠ]
September 23, 2013
Business
Resason Foundation proposes per-mile tolling of U.S. Interstate system as a âfairâ source of infrastructure funding
According to a report from our sister site Better Roads, the Reason Foundation, citing of the Internet Highway System, has proposed tolling interstates and charging 3.5 cents per mile for cars and 14 cents per mile for trucks. The Interstate system makes up only 2.5 percent of all miles of highway in the U.S., but carries [âŠ]
September 18, 2013
Roadbuilding
Guest Blog: Electric vehicles are becoming a taxing problem
A recent article on CNNâs website called attention to efforts by a handful of states to collect infrastructure revenues from electric vehicles (EVs), which operate without gasoline or diesel fuel and thus do not contribute to road and bridge budgets.        The article detailed how Washington State legislators passed a $100 annual flat tax on EVs [âŠ]
June 14, 2013
Roadbuilding
Gas Tax 101: 1932 â 2013
We talk gas tax all day long in this industry. We hear arguments that it should increase (I make many of them) or that it should remain where it is (largely because it would be political suicide to raise it). But this Forbes piece is a short, succinct summary of the Federal gas tax from [âŠ]
June 11, 2013
Roadbuilding
Gas tax quiz
Pop quiz: What do you pay in federal fuel tax for every gallon of gas you buy? What percentage of the price of a gallon of gas comes from fuel taxes? No Googling! As the Institute on Taxation and Economic Policy points out, Americans are woefully short of understanding the factors that make up the [âŠ]
May 23, 2013
Business
Are Americans ânot willing to payâ for longer-lasting roads?
Over at our sister site Better Roads, columnist Kirk Landers has put together a pretty interesting, and brutally honest, estimation of the glaring discrepancy between Americansâ calls for quality, longer-lasting roads and their willingness to pay for them. You see, itâs pothole season, the time of year when road crews all over the nation get [âŠ]
May 13, 2013
Business
Majority of Americans favor tolls as source for transportation funding
A recent survey of American motorists confirms the feeling that most arenât fond of the idea of gas taxes, finding that a majority, 43 percent, favor tolls instead as a method for raising transportation and infrastructure funding. The 2013 American THINKS Tolling Survey, conducted by HNTB corporation, surveyed 1,000 Americans and found that 43 percent [âŠ]
May 7, 2013
Roadbuilding
Letâs Mess with Taxes
Something had to give. People want better roads and less congestion. So politicians promise to deliver. But people donât want to pay more for their better roads. So politicians promise to deliver them at no extra cost. Result: stalemate, with deteriorating roads and increasing congestion. Around and around we go, stuck uncomfortably between Scylla and [âŠ]
April 9, 2013
Business
Prepare your construction business for tax changes brought on by Fiscal Cliff
Although youâve certainly heard of the American Taxpayer Relief Act of 2012 â the bill to avert the fiscal cliff passed January 1 â you might not know everything thatâs in it, other than the widely-publicized expiration of favorable tax exemption limits and the increase in the payroll tax. So, is there anything buried in [âŠ]
March 4, 2013
Home
Wyoming legislature passes bill to increase gas tax 10 cents per gallon to fund infrastructure repairs
With the President working on a Federal plan of attack on the countryâs ailing infrastructure, many states are exploring their own solutions to the problem. Last week, the Wyoming Senate passed legislation to increase the stateâs motor fuels tax by 10 cents per gallon in order to fund highway improvements, Associated General Contractors reported. The [âŠ]
February 22, 2013
Business
Controversial mileage-based tax has potential to generate meaningful transportation revenue
Despite its potential to increase revenues, the establishment of a vehicle miles traveled (VMT) tax is not likely to happen any time soon, Transportation Nation reported. One reason may be commutersâ concern for privacy. According to a study released last week, 86 percent of Washington metropolitan area commuters donât want a GPS device installed in [âŠ]
February 1, 2013
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