A bill introduced in the U.S. House of Representatives would repeal the Federal Excise Tax on heavy trucks and trailers. Rep. Chris Pappas from New Hampshire (D-N.H.) and Rep. Doug LaMalfa (R-Calif.) ...

Excise taxes and sales taxes both generate government revenue, but they work in fundamentally different ways. Sales taxes apply broadly to most retail purchases at a uniform percentage rate, appearing ...

The Wisconsin Department of Natural Resources will receive about $37 million in 2026 from the federal Sport Fish Restoration ...

The push to decarbonize the trucking industry and reduce pollution could lend momentum to the latest attempt to repeal the federal excise tax on new trucks. Legislation has been introduced into both ...

The Treasury and the Internal Revenue Service say guidance is forthcoming on a new method for recovering federal excise tax paid on dyed fuel established under the One Big Beautiful Bill Act.

Nevada Democratic Sen. Catherine Cortez Masto and Mississippi Republican Sen. Cindy Hyde-Smith Friday re-introduced a bill that would eliminate the one-quarter of 1% federal excise tax on sports ...