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Wed, February 12, 2025
[ Wed, Feb 12th ] - Reuters
Nissan and Honda set to update on relationship after merger talks stall
[ Wed, Feb 12th ] - CNBC
Amica life insurance review 2025
[ Wed, Feb 12th ] - AOL
JPMorgan Chase reportedly to start rounds of layoffs
[ Wed, Feb 12th ] - MSN
Q2 Holdings (NYSE:QTWO) Exceeds Q4 Expectations, Stock Soars
[ Wed, Feb 12th ] - MSN
U.S. Tariffs on China Stir Concern Among Economists and Businesses
[ Wed, Feb 12th ] - TechRepublic
Chase Business Checking Review: Is It Right for You?
[ Wed, Feb 12th ] - Fortune
'We are a speck of dust': CEO of $80 billion Door .. ls candid take on popular delivery app's standing
[ Wed, Feb 12th ] - MSN
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[ Wed, Feb 12th ] - WDSU
Inflation rises as consumer prices surge in January
[ Wed, Feb 12th ] - Reuters
MGM shares surge after topping quarterly profit, revenue estimates
[ Wed, Feb 12th ] - MSN
S&P 500, Dow, Nasdaq open down. Inflation unexpectedly accelerates, and it's not just eggs
[ Wed, Feb 12th ] - MSN
Dolphin Tungsten Mine Gets Tasmanian Government Support as Group 6 Restructures
[ Wed, Feb 12th ] - MSN
"Really a 24/7 job": Shark Tank investor Lori Gre .. talks about the challenges of being her own boss
[ Wed, Feb 12th ] - MSN
Warren Buffett's Berkshire buys more Occidental after 30% sell-off from record high
[ Wed, Feb 12th ] - manilatimes
Ascendis Pharma Reports Fourth Quarter and Full Year 2024 Financial Results
[ Wed, Feb 12th ] - MSN
New Income Tax Bill 2025 to propose no tweaking b .. very tax year; here's what it means for taxpayers
[ Wed, Feb 12th ] - MSN
Intel stock has gotten an unexpected boost from JD Vance
[ Wed, Feb 12th ] - Reuters
JPMorgan Chase begins planned layoffs for 2025, source says
[ Wed, Feb 12th ] - MSN
Valentine's Day chocolate prices are soaring. Here's why
[ Wed, Feb 12th ] - MSN
Linda McMahon invested in dozens of bonds funding public school projects across the US
[ Wed, Feb 12th ] - MSN
Korea's economy, Japan's youth and Ireland
[ Wed, Feb 12th ] - Reuters
Bank bosses expect US policy uncertainty to persist under Trump, but stay bullish on economy
[ Wed, Feb 12th ] - MSN
Gen Z Aussies warned over 'concerning' AI prediction: 'Knee-jerk reaction'
[ Wed, Feb 12th ] - Forbes
The Life Insurance Industry Is Misbranded
[ Wed, Feb 12th ] - AOL
Worried about a market bubble? Here are 4 tips to protect your portfolio now and in the future
[ Wed, Feb 12th ] - Reuters
India's central bank removes restrictions on Kotak Mahindra Bank onboarding customers online
[ Wed, Feb 12th ] - MSN
TPG Inc. (NASDAQ:TPG) Q4 2024 Earnings Call Transcript
[ Wed, Feb 12th ] - MSN
Will the EU's plan to reduce red tape for businesses negatively impact workers?
[ Wed, Feb 12th ] - MSN
Sunoco LP (NYSE:SUN) Q4 2024 Earnings Call Transcript
[ Wed, Feb 12th ] - Reuters
Republican senators call for $1,000 tax on new EV sales to pay for road repairs

Republican senators call for $1,000 tax on new EV sales to pay for road repairs


Published on 2025-02-12 13:41:06 - Reuters
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  • A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs.

Republican senators, led by Kevin Cramer, have proposed a $1,000 tax on new electric vehicle (EV) sales starting in 2025 to fund road repairs, arguing that EV owners do not contribute to the Highway Trust Fund through gasoline taxes. This initiative comes as EV sales are expected to rise, potentially reducing revenue from gas taxes. The senators suggest that this tax could be offset by existing EV tax credits, effectively making the tax revenue-neutral for buyers. They also propose that the tax could be adjusted based on vehicle weight, with heavier vehicles like electric trucks facing higher fees. This proposal aims to address the shortfall in road maintenance funding as traditional fuel tax revenues decline.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/republican-senators-call-1000-tax-new-ev-sales-pay-road-repairs-2025-02-12/ ]
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