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This Pigovian tax, intended to cut down on traffic congestion and pollution, was first proposed in 2007 and included in the 2019 New York State government budget by the New York State Legislature. Tolls are collected electronically and vary depending on the time of day, type of vehicle, and whether a vehicle has an E-ZPass toll transponder.
Uses car's existing technology like GPS and vehicle sensors to monitor driving patterns ... The Tesla Insurance program uses real-time driving data from the vehicle's built-in sensors to calculate ...
A 2017 study in the Journal of Public Economics found that "a VMT tax designed to increase highway spending $55 billion per year increases annual welfare by $10.5 billion or nearly 20% more than a gasoline tax does because: (1) the differentiated VMT tax is better than the gasoline tax at targeting its tax to and affecting the behavior of those ...
The tax does not apply to vehicles that are used for 5,000 miles or less (7,500 miles or less for agricultural vehicles) on public highways during a tax period. [51] Additionally, "New York State imposes a highway use tax (HUT) on motor carriers operating certain motor vehicles on New York State public highways (excluding toll-paid portions of ...
When buying an automobile, if one trades in a car, the state deducts the price of the trade when calculating the sales tax to be paid on the automobile (e.g., purchasing a $40,000 car, and trading a $10,000 car, a person would be taxed on the difference of $30,000 only, not the full amount of the new vehicle).
Here's a news item that's guaranteed to inflame both the privacy activists and "taxophobes" alike: In California, the Metropolitan Transportation Commission has just approved a new study aimed at ...
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