Arkansas truckers get equipment tax break anyway

[Mike]

In Arkansas, a $4 million tax break for truckers took effect Monday, July 2, and Gov. Mike Beebe’s not happy about it. The state trucking association negotiated the tax break on equipment purchases in exchange for supporting an increase in the diesel fuel tax to pay for roads and bridges. The association, however, dropped its support of the fuel tax increase when it decided the public wouldn’t support it.

Arkansas voters then reauthorized a $575 million bond program for highways, making the fuel tax increase unnecessary. The governor tried to get the equipment tax break repealed, but the state senate refused.

The $4 million in lost revenue will now come out of the state highway department’s budget.

Source

 

[blackw900]

Right on!

The more money that we can keep out of the governments hands the better!

 

[Duck]

That governor could only be a democrat.

 

[Angry Trucker]

In Arkansas, a $4 million tax break for truckers took effect Monday, July 2, and Gov. Mike Beebe’s not happy about it. The state trucking association negotiated the tax break on equipment purchases in exchange for supporting an increase in the diesel fuel tax to pay for roads and bridges. The association, however, dropped its support of the fuel tax increase when it decided the public wouldn’t support it.

Arkansas voters then reauthorized a $575 million bond program for highways, making the fuel tax increase unnecessary. The governor tried to get the equipment tax break repealed, but the state senate refused.

The $4 million in lost revenue will now come out of the state highway department’s budget.

Source

The governor is a REPUBLICAN.

 

[DubbleD]

Right on!

The more money that we can keep out of the governments hands the better!

I agree with your sentiment however, the government will get it later. They don't like to lose.

​View attachment 16934
View attachment 16934

 

[Duck]

That governor could only be a democrat.

The governor is a REPUBLICAN.

http://en.wikipedia.org/wiki/Mike_Beebe

Mickey Dale "Mike" Beebe (born December 28, 1946)[SUP][1][/SUP] is the 45th and current Governor of Arkansas, since January 9, 2007. He was elected to a second term in 2010. Beebe is a member of the Democratic Party.

Maybe you got his name confused with the previous governor, Mike Huckabee. They both have that "bee" thing in their name. Huckabee is a republican.