
President Trump and senior White House officials met with Bob Nuss of Nuss Truck & Equipment in Burnsville, Minnesota about taxes and the economy and asked for his support of a federal excise tax repeal.
President Trump and senior White House officials met with Bob Nuss of Nuss Truck & Equipment in Burnsville, Minnesota about taxes and the economy and asked for his support of a federal excise tax repeal.
A bipartisan push is under way in Congress to extend through this year certain tax credits that promote the adoption of alternatively powered vehicles.
Last year, the U.S. Congress granted an exemption from the 12-percent federal excise tax for truck idle reduction systems. Recently, the Environmental Protection Agency (EPA) released a list of approved idle reduction systems eligible for the federal excise tax exemption. The exemption applies to sales and installation of these systems since Oct. 4, 2008.