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The International Fuel Tax Agreement (or IFTA) is an agreement between the lower 48 states of the United States and the Canadian provinces, to simplify the reporting of fuel use by motor carriers that operate in more than one jurisdiction. [ 1] Alaska, Hawaii, and the Canadian territories are not required to participate, however all of Canada ...
State Taxes. The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [ 1][ 2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
A vehicle miles traveled tax, also frequently referred to as a VMT tax, VMT fee, mileage-based fee, or road user charge, is a policy of charging motorists based on how many miles they have traveled. It has been proposed in various states in the United States including Illinois who are currently following through with implementing this tax, and ...
Illinois Tollway. / 41.80611°N 88.05111°W / 41.80611; -88.05111. The Illinois State Toll Highway Authority ( ISTHA) is an administrative agency of the U.S. state of Illinois charged with building, operating, and maintaining toll roads in the state. The roads, as well as the authority itself, are sometimes referred to as the Illinois ...
For example, almost 6% of taxes go to pay interest on America's debt, while less than 10% goes to health care spending. As for the country's embattled foreign aid allocations, they account for a ...
The IRS announced Thursday that it has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as ...
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