Posted On:
September 7, 2008
Tax Breaks for Semi Truck Owners Taking Steps to Avoid Accidents
Congress is considering a law that would give semi truck drivers and trucking companies a financial incentive to make their semi trucks safer and better able to avoid fatal and injury accidents. According to bills that were introduced separately in the Senate and the House, trucking companies would get a $3,500 tax break on each truck upon the purchase of four mechanisms designed to prevent accidents: collision avoidance, lane departure warning devices, stability control and brake monitoring. Those in favor of the new law point out that some or all of these systems are already in place and helping to avoid accidents in other types of vehicles and also in many semi trucks operating in Europe.
