Suspend the FET

Our nation’s economic recovery depends in large part on maintaining a flow of goods provided by trucks. To help ensure this important work gets done, Congress must provide a catalyst to boost production at domestic truck factories and bring customers back to our stores. The fastest and most direct way for Congress to aid this part of the economic recovery — and the trucking industry — would be to suspend the 12% federal excise tax on heavy-duty trucks and trailers. As Congress considers the next phases of virus-related economic recovery legislation, it should include suspension of the FET on new trucks and trailers until the end of 2021.