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Nickel Project
The Nickel Project is a nickname for a transportation funding package enacted in 2003 by the Washington State Legislature. The slogan for the package is "It’s your Nickel, Watch it Work." The $3.9 billion program is funded by the following: * 5 cents per gallon gas tax increase * 15% increase in gross weight fees on heavy trucks * 0.3% increase in the sales tax A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a govern ... on motor vehicles There are 158 projects over a 10-year period. The largest portion of the project is congestion relief with $2.6 billion allocated. External links Nickel Funding Project at WSDOT Transportation in Washington (state) {{Washington-transport-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Washington State Legislature
The Washington State Legislature is the state legislature A state legislature is a legislative branch or body of a political subdivision in a federal system. Two federations literally use the term "state legislature": * The legislative branches of each of the fifty state governments of the United Sta ... of the U.S. state of Washington. It is a bicameral body, composed of the lower house, lower Washington House of Representatives, composed of 98 Representatives, and the upper house, upper Washington State Senate, with 49 Senators plus the Lieutenant Governor acting as president. The state is divided into 49 legislative districts, each of which elect one senator and two representatives. The State Legislature meets in the Legislative Building at the Washington State Capitol in Olympia, Washington, Olympia. As of January 2021, Democrats control both houses of the Washington State Legislature. Democrats hold a 57-41 majority in the House of Representatives and a 28-21 majo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gas Tax
A fuel tax (also known as a petrol, gasoline or gas tax, or as a fuel duty) is an excise tax imposed on the sale of fuel. In most countries the fuel tax is imposed on fuels which are intended for transportation. Fuels used to power agricultural vehicles, and/or home heating oil which is similar to diesel are taxed at a different, usually lower rate. The fuel tax receipts are often dedicated or hypothecated to transportation projects so that the fuel tax is considered by many a user fee. In other countries, the fuel tax is a source of general revenue. Sometimes, the fuel tax is used as an ecotax, to promote ecological sustainability. Fuel taxes are often considered by government agencies such as the Internal Revenue Service as regressive taxes. Role in energy policy Taxes on transportation fuels have been advocated as a way to reduce pollution and the possibility of global warming and conserve energy. Placing higher taxes on fossil fuels makes petrol just as expensive as other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sales Tax
A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax, such as food, education, and medicines. A value-added tax (VAT) collected on goods and services is related to a sales tax. See Comparison with sales tax for key differences. Types Conventional or retail sales tax is levied on the sale of a good to its final end-user and is charged every time that item is sold retail. Sales to businesses that later resell the goods are not charged the tax. A purchaser who is not an end-user is usually issued a "resale certificate" by the taxing authority and required to provide the certificate (or its ID number) to a seller at the point of purchase ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
