taxes

Volkswagen, Ram could get hit hard by Trump's border tax
Volkswagen, Ram could get hit hard by Trump's border tax

With all the recent headlines about healthcare, Russian hackers, and missing handshakes, the Trump administration has been a bit quieter about its proposed border tax (or possibly, border tariff) than it was a few weeks ago. That's cause for relief among many automakers, especially those who import...Read More»

Money, money, money
Study: Border tax could boost car prices by up to $17,000

As a businessman, it shouldn't be too surprising that much of Donald Trump's attention during his first two-and-a-half weeks in office has been focused on U.S. business policies--things like trade deficits, free-trade agreements, and, of course, border taxes. Although the details of such a tax plan...Read More»

2018 Toyota C-HR
Toyota takes on Trump's border tax, asks dealers for backup

Donald Trump's protectionist policies have been lauded in some corners, but they've also sparked outcries and protests from private individuals, government officials, and more than a few companies. As we reported earlier this week, the auto industry is included in that mix. Ford execs have slammed...Read More»

Donald Trump
Trump's border tax faces more opposition--this time, from auto dealers

During his first week in office, Donald Trump made headlines over two border-boosting policies. Yesterday, the American International Automobile Dealers Association announced plans to fight one of the president's proposals tooth and nail. On Friday, Trump signed an executive order suspending...Read More»

Pothole repair (via Wikimedia)
How should we fix America’s crumbling roads? Our poll results

U.S. roads are in terrible shape. In 2013, the American Society of Civil Engineers rated them a "D". Our bridges weren't too much better, earning a C+. The ASCE's next report card is due in 2017, and given the insufficient sums allocated to roadway maintenance, improvement, and expansion, it's...Read More»

Supreme Court of the United States (2010)
Supreme Court Refuses To Hear Cases From Fiat Chrysler & Ford

In two separate rulings -- or rather, non-rulings -- the Supreme Court of the United States had dealt smackdowns to Fiat Chrysler Automobiles and Ford Motor Company. According to Detroit News, SCOTUS refused to hear a case from FCA regarding the re-opening of dealerships shuttered in the wake of...Read More»

Gas pump
Oregon's OReGO Program Gives Drivers An Option: Pay Gas Tax Or Pay By The Mile

Our roads are in terrible shape, and we are largely to blame. Things wouldn't be so bad if our elected officials had occasionally increased the federal gas tax, which funds road repair and construction at the national, state, and local levels. Unfortunately, that tax hasn't been raised in 22 years...Read More»

2015 Nissan Leaf
Federal Tax Credits For Plug-In Hybrids, Electric Cars: What You Need To Know

If you want to get a special incentive for driving a hybrid, you're a few years too late; but a tax credit applies to nearly every electric car and plug-in hybrid on the market and it can, in some cases, effectively reduce your cost for such a model to that of an ordinary gasoline vehicle (or even...Read More»

Tesla Model S
Tesla Model S Shows How Tough It'll Be For China To Meet Green Car Goals

Tesla's acclaimed, all-electric Model S sedan will soon go on sale in China, and this week, the company announced how much it'll cost the country's green car fans: 734,000 yuan, or just over $121,000. In America, the same vehicle would run closer to $81,000. And that 50 percent premium helps...Read More»

Handing over car keys
Donate Your Vehicle To Charity For A Last-Minute Tax-Deduction

In case you hadn't noticed, it's December 30. Many of you still face mounds of used wrapping paper and guest rooms that need a thorough cleaning, but you should also give a little bit of attention to your personal taxes -- especially if you've come out ahead this year. On the whole, 2013 has been a...Read More»

Traffic in Atlanta, Georgia during rush hour (via Wikimedia)
Sales Tax, Gas Tax, Mileage Tax: How To Pay For America's Roads?

In Virginia, controversy is a-brewin' over Governor Bob McDonnell's plan to eliminate the state's gasoline tax. The funds generated from that tax have traditionally been earmarked for maintenance and construction of Virginia's roads. To replace gas tax revenue, McDonnell plans to do three things...Read More»

Barack Obama
U.S. Accuses China Of Illegal Auto & Parts Subsidies

China's auto industry is booming: car sales are strong, and the country's suppliers are doing bang-up business on the export front. But the U.S. claims that China has given its auto industry unfair advantages through heavy import tariffs, artificially devalued currency, and $1 billion in shady...Read More»

Tax day
Tax Day Is Deadly For Drivers: Be Careful Out There

If you're an early filer, you might've forgotten that tomorrow is tax day. That could be a deadly mistake. According to a study published in the Journal of the American Medical Association, tax day is dangerous for drivers, with 6% more traffic fatalities than on other days. The study was led by...Read More»

The Great Wall of China
Starting Today, China Slaps Tariffs On U.S.-Made Vehicles

Car shoppers in China got an unpleasant surprise this morning: the Chinese government announced plans to impose tariffs of up to 22% on all vehicles made in the U.S., starting today. U.S. auto manufacturers aren't especially happy about the news either -- not only because it makes their vehicles...Read More»

Gay Flag
Gay-Marriage Win: Sell Car To Same-Sex Spouse, Pay No Tax!

On Sunday, July 24, at 12:01 am, same-sex marriage became legal in New York state. New York is thus the most recent (and largest) state to join a growing list that includes Connecticut, Iowa, Massachusetts, New Hampshire, and Vermont. Same-sex marriage is also legal in the District of Columbia and...Read More»

T. Boone Pickens with President Barack Obama
Obama: Pay As You Drive, Instead of Gas Tax?

Would we be better off doing away with the federal gas tax, replacing it entirely, or in part, by a pay-per-mile system? The federal government appears to be in the early stages of finding out. An early draft of the transportation authorization bill from the Obama administration, circulated this...Read More»

FDNY Ambulance
New York City To Institute 'Crash Tax' For First Responder Costs

We all hope we're never involved in a serious car accident, but every day, some of us are. Those of us unfortunate enough to have an accident in New York City will soon face not only injury, the loss of our transportation, and the expense of medical treatment, but a bill from the city. Say what?...Read More»

Cobo Hall, Detroit, Michigan
Teamsters, Tea Party Protest Some Of The Same Things At Detroit

At two places during the Detroit auto show—first circulating on a Cobo Hall press-room table, then later slipped under my hotel-room door—I found a leaflet entitled: "Toyota: A Danger to America," carrying the footer, "I ain't dying for a Toyota." Wearing the language and design earmarks of...Read More»

gas pump
Raising The Gas Tax: Auto Execs Push An Unpopular Solution

We’ve been here before. The government mandates more fuel-efficient vehicles across the board, yet the American public continues to gravitate toward what’s big and powerful. Barring this era of greater responsibility and restraint, which might pass like a fleeting fancy with the recession, why...Read More»

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