Replacing Federal Excise Tax on New Trucks – Kyle Treadway, Dealer Principle, Featured in Fleet Owner Article
FET (Federal Excise Tax) originated to help World War 1 efforts and is included in all new Class 7 and Class 8 truck purchases. Since then, FET funds have been reallocated to help with the Highway Trust Fund. In this interesting article from Fleet Owner, learn more about FET and the ideas around replacing it with a fuel tax to help cleaner and new trucks become more affordable. Kyle Treadway, Dealer Principal of Kenworth Sales Company, contributes to the article.