Last week, Bloomberg journalist Michael Bologna interviewed Smartcar CEO Sahas Katta about the vehicle-miles-traveled (VMT) tax and why it might soon replace the traditional gas tax across the United States.
On an episode of the Bloomberg podcast Talking Tax, Bologna and Katta spoke about the problems that electric vehicle adoption creates for the funding of our roads and how the sustainable and equitable VMT model charges vehicle owners a per-mile fee instead of taxing their fuel purchases.
Listen to Katta’s take on VMT taxation and learn how several U.S. states are using Smartcar’s technology to adopt the model.
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