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NCDOT spends about $5 billion a year, and gas taxes are its largest source of revenue. The state tax of 38.5 cents per gallon generates about $1.8 billion a year; the federal gas tax — 18.4...
A reduction in North Carolina’s individual income tax rate. The state’s income tax is a flat rate, meaning that everyone, regardless of income, pays the same yearly rate. That rate will...
The enhanced CTC was not extended and returns to $2,000 per child dependent for the 2022 tax year, down from $3,600 last year. The other big change to the CTC is that it’s no longer refundable....
For example: The owner of a normal gasoline-powered vehicle with an engine of 2000 cc, registered in the mun. of Cluj-Napoca (where there is a 0% markup) will have to pay a yearly vehicle property tax of 180 RON. (Rate: 18 RON/200cc, 2000 / 200 = 10, 18 * 10 = 180 RON).
But EV drivers generally pay about half as much in fuel costs as drivers of similar gas vehicles, according to the U.S. Department of Energy. Based on national averages, EV drivers pay $1.22 to...
Vehicle Excise Duty ( VED; also known as "vehicle tax", "car tax", and more controversially as "road tax", and formerly as a "tax disc") is an annual tax that is levied as an excise duty and which must be paid for most types of powered vehicles which are to be used (or parked) on public roads in the United Kingdom. [1]
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