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Revision as of 06:20, 29 July 2026
The HVUT, or Heavy Vehicle Use Tax, is a yearly tax paid by truck drivers or owners of trucking companies. It goes for drivers operating automobiles on our nation's highway, and use many of the money goes towards maintaining roads, alleviating congestion, keeping the roads safe, and funding new contracts.
What is aware as your 'income' tax has assortment of tax brackets each featuring a own tax rate from 10% to 35% (2009). These rates are carried out on your taxable income which is income in excess of your 'tax free' income.
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