Insurance Hike Passes House.

[Sinister]

Not only does it bump from 750,000 to 2 million, it also increases every 5 years to adjust for inflation.

Still needs to pass the senate.

U.S. House Ignores Pleas From Truckers and Passes Bill to Impose Huge Insurance Hike

Washington D.C. - The United States House of Representatives has passed a surface transportation funding reauthorization bill one major trucking group has dubbed an

www.transportationnation.com

 

[Sinister]

Oh and sleep apnea bullshit too.

 

[mndriver]

Moreover, the INVEST Act gives the FMCSA a green light to begin using truckers’ electronic logging device (ELD) data for research on a possible national vehicle-miles-traveled (VMT) tax program for heavy duty trucks.

Isn’t that “IFTA”?

 

[Uncle Birchy]

Not only does it bump from 750,000 to 2 million, it also increases every 5 years to adjust for inflation.

Still needs to pass the senate.

U.S. House Ignores Pleas From Truckers and Passes Bill to Impose Huge Insurance Hike

Washington D.C. - The United States House of Representatives has passed a surface transportation funding reauthorization bill one major trucking group has dubbed an

www.transportationnation.com

It's been 750k since like 1980.

Adjusted for Inflation it would take 2.25 Million Dollars today to match the $pending Power of 750k in 1980.

 

[Uncle Birchy]

Isn’t that “IFTA”?

Current is based on fuel mileage and tax rate per gallon of fuel consumed in that state.

I believe they are studying a move to a flat rate per mile paid for each and every mile driven in each state.

And nowadays the Elogs can accurately track that to tenths of a mile.

 

[Mike]

Current is based on fuel mileage and tax rate per gallon of fuel consumed in that state.

I believe they are studying a move to a flat rate per mile paid for each and every mile driven in each state.

And nowadays the Elogs can accurately track that to tenths of a mile.

In other words, for fuel tax purposes, it would take away the incentive of fuel economy in the aspects of fuel tax.

 

[mndriver]

And nowadays the Elogs can accurately track that to tenths of a mile

Not all elogs are accepted for IFTA

 

[Uncle Birchy]

In other words, for fuel tax purposes, it would take away the incentive of fuel economy in the aspects of fuel tax.

With fuel prices well over $3 per gallon in most places and Oil Futures shy of $80 per barrel I would imagine improved Fuel Economy is still a goal for most fleets.

 

[Uncle Birchy]

Not all elogs are accepted for IFTA

Omnitracs must be because the first time I worked my last job they still had Paper Logs and I hadda fill-out a separate sheet daily with states driven, routes taken, and add up mileage.

 

[389 Hood]

IIRC, before IFTA, we used to have to total the miles per state and divide by 5mpg, then pay that state their imposed taxes on fuel per gallon. Just because a state had cheap fuel, it would depend on the raw fuel prices and how much tax was added. Many times you came out ahead just buying fuel in every state that you passed through. But that was a totally different time.

 

[Mike]

With fuel prices well over $3 per gallon in most places and Oil Futures shy of $80 per barrel I would imagine improved Fuel Economy is still a goal for most fleets.

Definitely, but in regards to our current IFTA, we would no longer be seeking out prices based on pre tax if we moved to a VMT.

That is, if they removed the pump taxes when going to this…

 

[Uncle Birchy]

Definitely, but in regards to our current IFTA, we would no longer be seeking out prices based on pre tax if we moved to a VMT.

That is, if they removed the pump taxes when going to this…

I would imagine pump taxes wouldn't make a difference in a VMT tax scheme because a VMT would have to be a Flat Rate per mile charged for all miles traveled.

In that case fleets will just buy the cheapest fuel so states with lowest pump prices will sell alot more fuel and Higher fuel price states will see their fuel sales decline.

 

[Uncle Birchy]

I would imagine pump taxes wouldn't make a difference in a VMT tax scheme because a VMT would have to be a Flat Rate per mile charged for all miles traveled.

In that case fleets will just buy the cheapest fuel so states with lowest pump prices will sell alot more fuel and Higher fuel price states will see their fuel sales decline.

I was just thinking perhaps the VMT would only replace the current Federal Diesel Tax or a backdoor way of raising Federal Fuel Revenue without exactly raising taxes per say.

In that case the State Fuel Taxes would still matter as to what to pay each state

 

[BlackBart]

If we get a VMT dont think it’ll stop with trucks. It’ll eventually be imposed on everybody in the country. Thats how it always works

 

[Uncle Birchy]

If we get a VMT dont think it’ll stop with trucks. It’ll eventually be imposed on everybody in the country. Thats how it always works

Some states notably California & Oregon already have proposals for VMT on Cars

 

[BlackBart]

Some states notably California & Oregon already have proposals for VMT on Cars

Yup. Gooberment control only goes one way

 

[krelithous]

Yup. Gooberment control only goes one way

YUP wait till they go all electric then the gooberment can just shut to power off and your SOL