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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 ...
Most states established Ports of Entry to issue permits and enforce tax collection, which was burdensome to the trucking industry and the states. Pre-IFTA trucks in interstate commerce carried special plates ("Bingo Plates") upon which each state's permit sticker was affixed. The states eventually found this both costly and inefficient.
Turnpike—Express lanes are being added to 20 miles (32 km) of the Turnpike through Miami-Dade County. [111] [112] I-295—Express lanes are being added between I-95 and the St. John's River (Buckman Bridge). [113] Plans for express lanes between State Road 9B and J. Turner Butler Boulevard are being finalized with land acquisition beginning ...
The standard mileage rate is 67 cents per mile for business purposes, 21 cents per mile for medical or moving purposes and 14 cents per mile for charitable purposes. These rates apply to gas ...
On Dec. 29, the agency announced a bump in the optional standard mileage rate starting Jan. 1, 2023 — which will now be 65.5 cents per mile driven. Taxpayers can use the new rate to calculate ...
Illinois, however, which imposes a 4.95% fixed tax, has a flat tax because when the tax was first implemented, it was unclear whether a progressive income tax was constitutional under the state ...
Interstate Highways financed with federal funds are known as "chargeable" Interstate routes, and are considered part of the 42,000-mile (68,000 km) network of highways. Federal laws also allow "non-chargeable" Interstate routes, highways funded similarly to state and US Highways to be signed as Interstates, if they both meet the Interstate ...
Median household income and taxes State Tax Burdens 2022 % of income. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly.