Truckies want end to carbon tax plan
Gavin Grimm reports from Los Angeles as the Transportation Policy Advisory Council announced its conclusion on the "Transportation Network Companies" (TNC) tax proposal Thursday.
Transportation Policy Advisory Council member Robert Stowe gave his final recommendation to the TNC board and said his "concerns are fully realized, and the final votes have been tallied."
"We don't want a tax to drive up the price of insurance premiums for millions of Americans," he said.
Stowe told the TNC board that while most of the industry supports the tax proposal, some industry supporters will try to change its wording. Stowe said he was particularly concerned about the proposal that would allow companies with 500 people or fewer to claim up to $50,000 a year from a truck company. "I don't think they've read the bill," Stowe said.
As for his comments about private truck insurance premium increases — Stowe said the policy currently is too low.
Truckers, he said, "need to know there is a cost to those premiums. That cost includes both employee and contractor costs, depreciation, and maintenance."
According to his propos온라인 카지노al, companies can claim up to $50,000 in taxpayer-financed premium credits per employee at an annual rate of 3.5 percent.
The plan also gives the TNC board the ability to increase those costs, through a vote of members.
"For example, as a private-hire company with one employee, the TNC could add $10,000 per year to their claim," Stowe said.
Stowe's proposal also calls for a minimum 2 percent increase in the tax rate for all state businesses, while adding $100,000 for each full-time truck driver that is in a union.
The TNC tax will become effective July 1, 2018, and there will be six business days for industry lobbyists to submit comments before the final rule takes effect June 30. The next business day is May 30.
On May 8, the TNC board decided not to renew the request from Gov. Jerry Brown to extend TNC funding through the end of 2018.
The proposed plan includes $2.5 million in additional funds and $100,000 a year in incentives for truck insurance company claims.