Search results
Results from the WOW.Com Content Network
On November 8, 2016, Illinois voters approved the Illinois Transportation Taxes and Fees Lockbox Amendment, a legislatively referred constitutional amendment that prohibits lawmakers from using transportation funds for anything other than their stated purpose.
As of October 2021, the state government's official policy goal is to have 1 million electric vehicles in Illinois by 2030. [2] In July 2022, the state government started issuing tax rebates of $4,000 for electric vehicle purchases. This amount will drop to $2,500 in 2026 and $1,000 in 2028. [1]
New Zealand also has such a system applying to all heavy vehicles and diesel-powered cars, known locally as a Road User Charge. Bulgaria has a truck based system under development. With the UK government banning the sale of non-electric cars from 2030, VMT tax is being considered in place of fuel duty revenue. [5]
7 EVs and Hybrid Cars That No Longer Qualify for a Tax Credit in 2024. According to Consumer Reports, some automakers that continue to use Chinese-made batteries in their models lost tax credit ...
A recent report from Moody’s Analytics on the economic state of Chicago and Illinois is sobering and should give pause to progressive politicians determined to find new ways to raise taxes ...
If you plan on hitting the highway for the holidays, or any other time, you may need to start thinking about updating your I-PASS transponder. The Illinois Tollway recently announced its switching ...
The lowest tax band is under 1500 cc, then the tax band changes at 2500 cc, 3500 cc and 4500 cc. Due to this system of license fee, most of 1600 cc to 1800 cc car models do not sell well. Most people prefer 1500 cc for compact cars.
Illinois residents will vote on a 3% tax for millionaires in November. The governor says the tax could generate $4.5 billion annually and alleviate high property taxes. Illinois has the second ...