Truckers

Fracking has brought down the price of home heating and fuel cost for transportation. One group that has benefited is private truck drivers whose major expense is fuel. This has not escaped the ever watchful eye of government which in turn is always looking for new sources of revenue. A plan is being proposed to tax trucks based on the miles driven which should pretty much take back any saving from fuel cost. When Eisenhower proposed the Interstate highway program it was to be financed by road tax called the Highway Tax Fund (HFT). Today trucks pay 45% of that tax and adding a road tax would put further pressure on their business. There are 3.5 million private truckers and once again the best way for the government to get new money is to tax the little guy.