Auto Industry Groups Oppose New Tax Increases

Sept. 14, 2021

Analysts are already predicting that the spending plan could be pared back significantly during negotiations over the coming weeks.

Sept. 14, 2021—Several auto industry groups, including the Society of Collision Repair Specialists (SCRS), the Specialty Equipment Market Association (SEMA) and the Auto Care Association (ACA), have announced opposition to proposed federal tax increases. 

The industry groups, along with 120 other trade groups, signed a letter opposing the legislation that could include as much as $1.75 trillion in new federal tax increases. The tax package is part of a $3.5 trillion spending plan under consideration in Congress that would fund climate initiatives, paid leave, child care, education and health care.

Analysts are already predicting that the spending plan could be pared back significantly during negotiations over the coming weeks, Repairer Driven News reported. 

Sponsored Recommendations

Best Body Shop and the 360-Degree-Concept

Spanesi ‘360-Degree-Concept’ Enables Kansas Body Shop to Complete High-Quality Repairs

How Fender Bender Operator of the Year, Morrow Collision Center, Achieves Their Spot-On Measurements

Learn how Fender Bender Operator of the Year, Morrison Collision Center, equipped their new collision facility with “sleek and modern” equipment and tools from Spanesi Americas...

ADAS Applications: What They Are & What They Do

Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...

Coach Works implements the Spanesi Touch system

Coach Works Uses Spanesi Equipment to Ensure a Safe and Proper Repair for Customers