The document makes the case to repeal the federal excise tax on heavy-duty trucks. It provides six reasons for repeal: 1) The tax was originally created to help fund World War I but has since ballooned to 12% from 3%; 2) Since 1955, the tax rate has increased 300%; 3) It has the highest percentage rate of any federal excise tax; 4) The tax adds $12,000-$22,000 to the price of new heavy-duty trucks; 5) The federal government adds $40,000 in regulatory costs and then taxes the increased cost; 6) Over 7.4 million trucking-industry employees are directly impacted.

1. Reasons to Repeal the
Federal Excise Tax on
Heavy-Duty Trucks
A TAX ON
6
BUSINESS
INVESTMENT

2. ORIGINALLY CREATED
TO HELP DEFRAY THE
COST OF WORLD WAR I
REASON #1
1917

3. BALLOONING FROM 3 PERCENT TO
ITS CURRENT RATE OF 12 PERCENT.
REASON #2
300%
SINCE 1955, THE EXCISE TAX
RATE HAS INCREASED BY

4. THE HIGHEST PERCENTAGE RATE OF
ANY FEDERAL EXCISE TAX THAT
CONGRESS LEVIES
REASON #3
12%

5. REASON #4
ADDED TO THE PRICE OF A
NEW HEAVY-DUTY TRUCK
$12,000
to
$22,000

6. THE FEDERAL GOVERNMENT IS ADDING
REASON #5
$40,000IN REGULATORY COSTS TO NEW HEAVY-DUTY
TRUCKS, AND THEN LEVYING A TAX ON THE
INCREASED COST IT CREATED.

7. NUMBER OF TRUCKING-INDUSTRY
EMPLOYEES DIRECTLY IMPACTED
REASON #6
7.4M

8. CLICK SHARE!
JOIN US IN URGING
H.R.2946
CONGRESSTO SUPPORT
S.3052
AND