#truckers tax accountant
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joshhamilton11 · 2 months ago
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Common Questions Truck Drivers Have About Taxes
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Navigating the tax landscape can be particularly challenging for truck drivers, especially for those who are independent contractors or owner-operators. Understanding tax obligations and maximizing deductions is crucial for maintaining financial health in this industry. Here are some common questions truck drivers have about taxes, along with detailed answers to help clarify their concerns.
What Tax Forms Do I Need to File?
Truck drivers typically need to file a variety of tax forms, depending on their employment status. Independent contractors usually receive a 1099-NEC form from the companies they work for, reporting their earnings. In contrast, employees may receive a W-2 form. Additionally, independent truck drivers must file a Schedule C (Profit or Loss from Business) with their personal income tax return (Form 1040) to report their income and expenses.
What Deductions Can I Claim?
Truck drivers are eligible for numerous tax deductions that can significantly reduce their taxable income. Common deductions include:
Fuel Costs: Expenses related to fuel used for business purposes.
Vehicle Maintenance: Costs for repairs, tires, oil changes, and other maintenance.
Depreciation: A deduction for the wear and tear on the truck, which can be calculated using various methods.
Tolls and Parking Fees: Expenses incurred while on the road.
Lodging and Meals: Costs associated with overnight stays and meals while traveling, subject to certain limits.
It's essential for drivers to keep thorough records and receipts for these expenses to substantiate their deductions.
How Do I Keep Track of My Mileage?
Accurate mileage tracking is vital for claiming deductions. Truck drivers can use various methods to track their mileage, such as:
Mileage Logs: Keeping a detailed log of miles driven for business purposes, including dates, destinations, and purposes of trips.
Mobile Apps: Utilizing smartphone apps designed for mileage tracking that can automate the process.
Trip Sheets: Maintaining trip sheets that outline daily activities, including starting and ending odometer readings.
Consistent and accurate tracking ensures that drivers can substantiate their mileage deductions come tax time.
What About Self-Employment Taxes?
Independent truck drivers are subject to self-employment taxes, which cover Social Security and Medicare taxes. This tax is calculated on the net earnings from self-employment, and drivers need to be prepared for this additional tax burden. Many drivers choose to make estimated tax payments quarterly to avoid a large tax bill at the end of the year.
How Can I Prepare for an Audit?
While audits are relatively rare, truck drivers should be prepared just in case. To prepare for a potential audit, they should:
Maintain Thorough Records: Keep all receipts, invoices, and logs organized and accessible.
Stay Consistent: Ensure that the information reported on tax returns aligns with the documentation maintained throughout the year.
Seek Professional Help: If facing an audit, trucker tax accountant can provide valuable guidance and representation.
When Should I Consult a Tax Professional?
Consulting a tax professional is advisable for truck drivers, especially if they are new to self-employment or have complex financial situations. A tax professional can provide personalized advice, help identify eligible deductions, and ensure compliance with tax laws. They can also assist in tax planning strategies, helping drivers minimize tax liabilities and optimize their financial outcomes.
Conclusion
Tax season can be overwhelming for truck drivers, but understanding these common questions and concerns can help demystify the process. By staying informed about tax obligations, tracking expenses diligently, and seeking professional guidance when needed, truck drivers can navigate their tax responsibilities with confidence and peace of mind. This proactive approach not only ensures compliance but also maximizes financial benefits, ultimately supporting a more sustainable and profitable trucking career.
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eyeofnewtblog · 7 months ago
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Things that happen at work:
In no particular order…
The IT Guy went on a ten minute rant about how he hates summer because it’s 1) too hot 2) he has to specifically order the ingredients for pumpkin spice lattes instead of just being able to swing by Starbucks, and 3) the ac in his office is currently broken. He is, in fact, alarmingly good at making #3 literally everyone else’s problem.
I stole a lollipop from the receptionist candy bowl and gave it to my second favorite driver.
My third favorite driver barged into my office and demanded to reorganize the master copy of the training packet I put together for new drivers (which he is responsible for training) because “the way it’s currently organized annoys the ever loving fuck outta me”.
The HR lady has been training an underling. She is secretly an accountant, but has been at the company for literally over 30 years, so she wears many hats. Every time I walk by their shared office I can hear her explaining the quantum mechanics of business accounting At Volume. She is not a loud person when she’s talking about anything else. Just accounting. This is hilarious to me personally because she is honestly so sweet, kind, helpful, and genuine that to hear her ranting angrily about tax laws, record keeping, and Paying Shit ON TIME DAMMIT is just so…vindicating to me. Like. Fuck yeah, Lisa, get it off your chest!
The company I’m at has hired two new drivers every week for the past six weeks. I am very happy to have new coworkers and something to fill my days, but my god the paperwork is astounding and I, personally, am Very Much Over It.
The truckers make up for it, they’re hilarious 92% of the time.
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justinspoliticalcorner · 8 months ago
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Zack Beauchamp at Vox:
“Are we a country that looks out for each other ... or do you go down a path of amplifying anger, division and fear?”
That’s how Canadian Prime Minister Justin Trudeau described the stakes in his country’s upcoming election in an interview with Vox’s Today, Explained this week — outlining the 2025 contest as no ordinary election but a referendum on the very soul of Canada. This existential framing is an unsubtle shot at Trudeau’s rival, Conservative Party leader Pierre Poilievre, a populist firebrand who is currently outpolling the prime minister by a wide margin. Poilievre rose to party leadership as a champion of the extremist trucker convoy that occupied Ottawa in January 2022, and since then has regularly pandered to far-right voters. He has proposed defunding the CBC (Canada’s widely respected public broadcaster) and repeatedly promoted a conspiracy theory in which Trudeau is in league with the World Economic Forum. There’s a reason that Trudeau and many others have directly linked Poilievre to Trump: His political style practically invites it. But how accurate is the comparison? Is Canada really poised to be the next Western country to fall to the far-right populist global wave? The answer, as best as I can tell, is mixed.
It’s true that, by Canadian standards, Poilievre is an especially hard-nosed figure, one far more willing to use extreme rhetoric and attack political opponents in harsh terms. But on policy substance, he’s actually considerably more moderate than Trump or European radicals. Mostly eschewing the demagogic focus on culture and immigration that defines the new global far right, Poilievre is primarily concerned with classic conservative themes of limited government. His biggest campaign promises at present aren’t slashing immigration rates or cracking down on crime, but building more housing and repealing Canada’s carbon tax. Poilievre is basically just a conventional Canadian conservative who wraps up his elite-friendly agenda in anti-elite language aimed at working-class voters. He’s the kind of politician that some Republicans wish Donald Trump was: a tame populist. Understanding Poilievre isn’t just of interest to Canadians. There are reasons that his brand of populism is less virulent than what’s cropped up in many other Atlantic democracies — ones that hold important lessons for safeguarding democracy around the world.
Why Pierre Poilievre doesn’t fit the far-right script
The University of Georgia’s Cas Mudde, one of the leading scholars of the European right, has developed what is (to my mind) the most useful definition of radical right politics today. In his account, this party family — factions like Hungary’s Fidesz, France’s National Rally, and the US GOP — share three essential qualities. First, they are nativist; they strongly oppose immigration and multiculturalism. Second, they are willing to use aggressive, even authoritarian measures to deal with social disorder like undocumented migration and crime. Finally, they are populist, meaning that they define politics as a struggle between a virtuous people and a corrupt elite. Poilievre is certainly a populist. A right-wing operative and politician since he was a teenager, he rocketed to the top of the Conservative Party hierarchy after emerging as the most vocal champion of the 2022 Ottawa occupation. The uprising, which began against pandemic restrictions but swiftly became a broader far-right movement, was quite unpopular nationally. But inside the Conservative Party, there was enough support for its “pro-freedom” message that Poilievre rode his pro-convoy stance to victory in the party’s subsequent leadership election.
Since then, his populism has focused relentlessly on attacking the media, “globalists,” and (above all) Trudeau. Casting the fight between his Conservatives and Trudeau’s Liberals as the “have-nots” versus the “have-yachts,” he has argued that the prime minister embodies a debased Ottawa establishment out of touch with the needs and values of ordinary Canadians. In a recent speech, Poilievre cast Trudeau as an “elitist” leader gunning for Canada’s freedoms. “If he had read Nineteen Eighty-Four, he would have thought it was an instruction manual,” Poilievre argued. Somewhat ironically, Poilievre also believes Canada’s criminal justice system should be harsher. Blaming Trudeau for a recent rise in car thefts, Poilievre has argued for a reimposition of mandatory minimum sentences and other tough-on-crime policies. This means there’s at least a case that he also fits the second prong of Mudde’s definition of radical right politics. But on the first prong, nativism, Poilievre clearly diverges from Trump and the European far right. He has publicly insisted that “the Conservative party is pro-immigration,” and he has made appealing directly to immigrants a central part of his campaign strategy.
[...] Arising primarily in Western provinces (Manitoba, Saskatchewan, and Poilievre’s native Alberta), Canadian “prairie populism” historically draws strength from the notion that the federal government cares more about the population centers in Quebec and Ontario than the rest of the country. Prairie populism, which comes in left- and right-wing varieties, focuses far more on regional and economic issues than the cultural obsessions of the modern far right. “We have had a long history of populism — particularly in the prairie provinces, the Western provinces — going back to the 1920s and 30s,” says Keith Banting, a professor at Queen’s University in Ontario. “Populism draws less extensively on anti-immigrant sentiment in Canada than it does almost anywhere else.” Indeed, Poilievre’s biggest focus is cost-of-living issues — blaming ordinary people’s economic pain on high taxes and big government. His signature proposals are repealing Trudeau’s carbon tax, cutting spending to fight inflation, and removing restrictions on housing construction.
[...]
Poilievre’s “plutocratic populism”
While Poilievre is a very Canadian figure, fitting solidly into the right-wing prairie populist tradition, his politics also have a lot in common with a concept developed for the United States: political scientists Jacob Hacker and Paul Pierson’s “plutocratic populism.” In their book Let Them Eat Tweets, Hacker and Pierson argue that the Republican Party uses culture war as a vehicle to attract popular support for a party that primarily caters to the interests of the rich. This strategy of “exploiting white identity to defend wealth inequality” allowed Trump’s GOP to attract downscale, non-college-educated voters without abandoning its core commitment to tax cuts and deregulation.
But in the United States, the populists ate the plutocrats. Trump’s anti-democratic instability and economic heterodoxy on issues like trade led some GOP billionaires, like the Koch family, to try and unseat him in the 2024 primary. They failed miserably and now are slinking back. In the Republican Party, MAGA is calling the shots. Poilievre, by contrast, keeps his populism within plutocrat-acceptable bounds. His rhetorical gestures toward the working class are paired with solidly pro-rich policy views and a distinct absence of attacks on the democratic system itself. In 2013, he claimed to be “the first federal politician to make a dedicated push” toward imposing US-style right-to-work laws in Canada. He has endorsed tax cuts for the rich and cuts to social spending. His trade policy is far more free-market than Trump’s. There are no signs that he would challenge the legitimacy of Canadian elections, let alone stage a January 6-style insurrection.
Vox reports on Conservative Party of Canada leader Pierre Poilievre's brand of right-wing populism is tamer than Donald Trump, Viktor Orbán, or Marine Le Pen's.
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nrtc · 2 months ago
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Comprehensive Tax Services in Stone Mountain
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Managing taxes can be challenging, especially for small business owners, real estate investors, and truckers who require specialized expertise. If you’re in Stone Mountain, Georgia, professional tax services can streamline your tax processes, ensure compliance, and help maximize returns. Here’s an in-depth look at the tax services available to residents and businesses in Stone Mountain and why it’s important to work with a skilled team.
The Benefits of Professional Tax Services
Filing taxes can be complicated, especially if you’re managing multiple income sources or a business. Tax professionals understand the complexities of the tax code and can provide guidance to help you save time and money. They can ensure accurate filings, find deductions, and offer insights to help you make strategic financial decisions.
A knowledgeable team of professionals is crucial to avoiding costly errors. Incorrect tax filings can lead to penalties, audits, and stress, but with expert support, you’ll have peace of mind knowing your taxes are handled accurately and efficiently.
Specialized Tax Services for Small Businesses and Truckers
For small businesses, real estate investors, and truckers, tax requirements can differ significantly from those for individual taxpayers. Many small businesses and self-employed individuals miss out on tax advantages because they lack access to specialized services. This is where NTRC Accounting and Tax Preparation Services for Truckers, Small Business & Real Estate Investors in Stone Mountain can be invaluable.
NTRC provides tailored tax services that address the unique needs of each client. Whether it’s understanding deductions for self-employed truckers, managing complex real estate investments, or ensuring small businesses comply with state and federal tax regulations, NTRC’s expertise can be a significant asset.
What to Expect from Tax Services in Stone Mountain
Working with a trusted tax service provider in Stone Mountain offers numerous advantages:
Personalized Support: NTRC and other providers work to understand each client's unique financial situation, allowing for customized solutions that maximize tax benefits.
Up-to-Date Knowledge: The tax code changes frequently, and staying updated can be overwhelming. Professionals stay informed on all recent changes to ensure compliance and maximize benefits.
Streamlined Processes: With professional help, the tax filing process is smoother and faster, minimizing the stress of paperwork and complex regulations.
Reduced Risk of Audits: Proper documentation and accurate filings reduce the likelihood of audits, saving both time and money.
NTRC Accounting and Tax Preparation Services in Stone Mountain
For those looking to file taxes or need help with tax preparation, Tax Services in Stone Mountain provide invaluable support. NTRC is a highly recommended choice, known for its focus on helping clients in specific industries like trucking, real estate, and small businesses. Their expertise in these sectors makes them a reliable resource for tax preparation, planning, and filing.
Address:4821 Rockbridge Rd SW Suite 11 Stone Mountain, GA 30083, United States
Phone: +1 678-218-6433
Importance of Tax Preparation for Business Growth
For entrepreneurs and small business owners, managing taxes effectively is crucial to sustaining and growing the business. The right tax service can identify opportunities for deductions and credits that reduce overall tax liabilities, allowing business owners to reinvest savings back into their ventures. For truckers and real estate investors, working with a knowledgeable tax professional helps ensure compliance with industry-specific tax laws and enables them to take advantage of deductions related to equipment, travel expenses, and investment costs.
NTRC’s expertise extends beyond tax preparation; they offer comprehensive guidance to optimize clients' tax positions, helping them retain more of their hard-earned money.
Making the Right Choice for Tax Services in Stone Mountain
Choosing a trusted provider like NTRC ensures that your tax preparation is handled by professionals who prioritize your best interests. When it comes to complex financial needs, entrusting your tax matters to experienced professionals can save you from common tax pitfalls and maximize your financial outcomes.
If you’re in the Stone Mountain area and looking for a reliable partner for tax preparation and accounting, reach out to NTRC Accounting and Tax Preparation Services for Truckers, Small Business & Real Estate Investors in Stone Mountain. Whether you’re filing as an individual or need comprehensive tax services for your business, NTRC’s team is ready to help.
By choosing a local expert, you’ll gain peace of mind knowing your tax matters are in good hands, allowing you to focus on what matters most – growing your business and reaching your financial goals.
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xerserise · 2 months ago
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Debt is a constant financial drain for the impoverished classes, funneling monthly interest payments from the paychecks or disability benefits of struggling individuals into the investment accounts of the wealthy classes.
For the wealthy classes, however, debt is a way to leverage wealth held in non-liquid assets for the purpose of gaining more non-liquid assets and not paying taxes.
And it’s all based on who is recognized by the government as “the rightful owner” of things like food harvesting and distribution organizations. The “corporation” that has hired mercenaries to maintain their position at the top of the exploitative fruit trade? Or the farmers and field hands and truckers and organizational workers?
Our lives are stolen from us, sold back to us, and leeched away again—leaving us empty, yearning, weary husks, enslaved to a system that feeds on us.
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easyblogs · 3 months ago
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Step-by-Step Guide to E-Filing Form 2290 with a Trusted Provider
You are a truck driver; you know that to keep your rigs moving without any kind of violation, the form 2290 needs to be made. Be assured that doing it online through form 2290 e-filing is not too tough or stressful if you're doing it with a trustworthy filing provider. Just follow this step-by-step procedure to help you file your Form 2290 Online with ease via electronic means, assisted by a trusted filing provider. Step 1: Select a Reliable E-Filing Company First, select a reputable and authentic seller for the e-filing of Form 2290. The company you want to select should be an IRS-authorized company; besides this, it must have positive reviews from thousands of truckers. That way, your filing process would be safe and soundless. Second Step: Creating An Account Then you are guided to their website for a registration process where they require you to provide them with some personal details such as your name, email address, and EIN number. Then, they will keep this information confidential and monitor your filing status. Add Truck Information Once you create your account, you are required to fill in as much information regarding your truck(s) as possible. Information includes; Vehicle Identification Number, gross weight of your vehicle, and date that has brought it to public highways during a tax period. Step 4: Review Your Form Ensure all details given are cross-checked prior to uploading. Check if truck detail contains EIN are correctly added. In fact, even some legitimate providers also allow error-checking capability and thus reduce the likelihood of most often encountered errors. Step 5: HVUT Payment You are supposed to pay the HVUT depending on the amount of how much your vehicle has consumed, in terms of its weight or mileage. There is always more than one way that reliable e-filing service providers give a person to pay HVUT, that include credit cards or direct transfers to banks. Step 6: File and Get Your Signed Schedule 1 Once you fill it out and pay for, you will submit your application. You get an instant process of e-filing through a valid filing service that will forward to you a signed Schedule 1 with proof of filing your tax. This will be conveyed to you via email in minutes. Step 7: Safe Custody of your Documents The copy of it must be kept in your record, so you will have easy access when receiving your schedule 1, especially for your vehicle's re-registration. Conclusion Use E-file Form 2290 with a professional e-file service provider- fast, easy, and stress-free. No more paper filing headaches. Pay your tax on time, so your truck hits the road without a hitch. Happy Trucking!
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ploridafanthers · 2 years ago
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I was going to title this REST STOPS AND EXITS but I suppose a more descriptive heading is LOGISTICS BETWEEN PARALLEL ROUTES.
This will be highly informed by the Florida Turnpike because, as far as I'm aware, toll roads are not held to a template the way public roads are. In particular, the Turnpike in South Florida runs right alongside I-95. To get from Miami to Orlando (or vice versa), do you want to take the Turnpike from start to terminus or go north on the interstate and then west on state road 50?
Money
A few years ago (and to a lesser degree today), some people were just too cheap to take a toll road under any circumstances. This led the Turnpike to be a fast and enjoyable experience for road-trippers.* In recent years, this is not necessarily true, as the Turnpike has two lanes to I-95's three and about the same number of people willing to drive each road.
But there are situations where the interstate can cost money as well. Express lanes are often offered in high traffic areas.
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The left lane will be either cordoned off or physically diverge from the standard lanes. Watch out for the dynamic pricing that could have the same toll station costing either a dollar or ten dollars depending on the time of day. The schedule may be variable as well. Lanes during low-use periods may be closed and physically blocked off.** Pay attention to the ample signage that precedes these express lanes.
Anyway, how do you pay these tolls? These days, it's usually with a sticker transponder on your windshield. Toll roads often belong to a unique transponder system. Do not expect transponder compatibility to cross state lines.
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Modern toll stations are little more than scaffolding over the road. Drivers can pass underneath at full speed. Transponders will be scanned, and a plate picture taken. Your transponder is registered to an account along with your credit card, vehicle description, and license plate information. If you find yourself passing through a toll station without the proper transponder, expect a bill at a slightly higher toll rate (and possibly a fine) mailed to the address associated with your vehicle registration.***
Older stations will have separate lanes where you can pay cash to an attendant, or a machine you can throw exact change into to raise the toll arm. Before scanners existed, it was vitally important to have exact change at the ready to feed the automated machine. This was considered a solemn duty of the shotgun rider. It's worth mentioning that cash tolls are being phased out and should not be counted on in high-population areas.
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Toll plazas will be spaced out a number of miles along the route, but are also present at every entry and exit point. The nexus of I-75 and the northernmost end of the Turnpike will warn you repeatedly before you hit toll road. Sunpasses are sold in every rest plaza. You will need to set up an account on your phone in order to use it.
Side note: you will save money on gas by choosing a slower route. You'll also save money by not buying gas on the Turnpike, or near major intersections. As a trip tip, the deeper you are into absolute podunk, the cheaper everything gets.****
Rest/Service Plazas
Interstates have very simple, tax-funded rest stops. They essentially consist of bathroom facilities, vending machines, and an outdoor picnic area.
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They're generally well-lit, clean, and safe places to stretch your legs after a long stint on the road. Long-haul truckers often use these pulloffs to catch some sleep. Interstate rest stops are on the right side of the road, like exits, and are only accessible in the direction you're traveling.
Turnpike service stations are rather more extravagant, and have names to differentiate them.
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You can buy gas here instead of having to exit the route and find a town. There are several fast food options, Dippin' Dots vending machines, and usually a gift shop (again, this is the Florida Turnpike), in addition to the en suite gas station convenience store. These also are clean facilities to use, but they get a bit creepy after dark when the interior lights dim, shops close and only the bathrooms are open. You do not want to picnic outdoors here. Turnpike stops are on the left and are shared by both directions of traffic. Refueling is usually chaotic on holiday weekends.
Signage should tell you in advance how far away the next stop will be, and if you're entering an area that will have a long stretch of no exits at all. Use this information to plan your gas and bathroom stops. Be careful letting gas get too low on the interstate, or you may find yourself winding through some creepy, podunk forest hoping you can find a gas station (I hate you, I-10) or discovering that the town is four miles away from the exit (I hate you too, Mims, FL).
Traffic
If GPS is available, check it before and during each trip and listen to the damn thing when it tells you to route off due to a traffic accident.
I briefly touched on the importance of multiple lanes to your commute. A person driving slowly in the left lane of a two-lane road can destroy an otherwise-pleasant trip. But is it worth driving 40 miles on a 2-lane (that is, two lanes in one direction) road versus 20 miles on a 3-lane plus 20 on a one-lane? Population centers are key factors in this equation. A deserted straight stretch with only one-lane in each direction will afford you ample chance to get around slower traffic. A winding, sixty-year-old state road carrying the burden of 60 years of housing boom will be hellish.****
Rush hour can be a deal-breaker on certain routes. On interstates this can sometimes be mitigated by express lanes and bypasses that go around a city instead of through it. Orlando has a series of toll road bypasses that are probably the only reason inhabitants don't burn down the city. On interstates and toll roads, traffic is usually caused by accidents, heavily-used exits, or undesirable weather conditions. All other roads have to contend with traffic lights, and usually a lower speed limit when entering a town.*****
Speaking of Orlando, some roads are very, very dangerous. I-4 is one of the deadliest and busiest roads in the United States. It's also rumored to be haunted. Go figure. Driving in Miami is a unique and horrifying experience. Tampa is, I think, the state leader in wrong-way driving thanks to the way the interstate is laid out. The gist is that there are definitely times you want to take a bit of a longer trip to avoid getting involved. Also, heavily-wooded areas, especially winding ones and in the middle of the night are animal strikes waiting to happen. Avoid speeding through wilderness areas after dark.
If you're familiar with an area, you may know which spots are infamous speed traps (I-10 in Madison County) and where the cops will out-pace you every time (pretty much all of I-95 south of Martin County). This, and the average traffic flow, can be used to determine that a 50 mile detour might be quicker than the straight shot.
Road construction (and Florida roadways are constantly being resurfaced) can throttle any trip and may require evasive maneuvers.
Alternate Routes
State roads, county roads, and U.S. Routes are numbered roads that you may choose to bail out onto if the road gets rough. The numbers and shapes are significant.
U.S. Routes are indicated by a black-and-white shield and are contiguous between states. They pre-date the Interstate System. Like the interstate, numbers indicate roughly where in the country they're located and whether they primarily go east-west or north-south. This is your best bet (other than the interstate) if you don't know the roads.
State roads are indicated by a circle, and change at the state border, while county roads are indicated by a rectangle, and are confined within county lines. Sometimes these interact in frustrating ways.
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But it gets worse!
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Please enjoy SR-17 being east of the region's major conduit US-27 (that is partially also US-98), while US-17 is to the west (where it also joins up with US-98). It's actually a pretty good illustration of how the US routes spiderweb into each other, because even-numbered US-98 is an "east-west" road, but it has to go diagonally here.
If you do not have a GPS paper map: take my advice and stick to either the interstate or US routes where at least you know which direction you're heading and that you'll hit another one in the series eventually. I have had a GPS completely shit the bed on me, incorrectly pin my location, and give incorrect directions and it is not fun nor is it funky-fresh. Please know which general direction you are supposed to be heading and have a back-up plan
That, uh... about covers it, I think. Road trip responsibly, everybody.
*"Back in the day, you could drive on the Sawgrass Expressway full speed and backwards." —my dad
**See if there is a website that lists your local expressway's schedule
***Because of this, local rental cars will come with a transponder and an unavoidable upcharge
****gas prices can change significantly county-to-county, so keep an eye out when you cross a county line
*****I think SR-60 in Florida may be the only road in the country where you can hit a once-every-ten-miles passing lane, speed up from 60 to 90, and not move up in line because the bastard in the right lane sped up too!!!
******Speed traps are a common source of revenue in out-of-the-way rural towns so beware an abrupt speed limit change
Writing fanfic as a non-US citizen like
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joshhamilton11 · 1 month ago
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The Role Of A Trucker Tax Accountant In Managing Your Finances
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A trucker tax accountant specializes in managing the unique financial needs of trucking professionals. They help with tax preparation, deductions like fuel costs and maintenance, and compliance with regulations. Their expertise ensures accurate reporting, maximized savings, and reduced stress during tax season. By handling complex financial tasks, they allow truckers to focus on their business and stay on the road profitably.
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axonsoftwareca · 11 months ago
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The Role of Accounting Software for Truckers
Delivery of products and driving open roads are two of the best parts of being a truck driver. They guarantee that the economy continues to grow. In this sense, managing your money wisely is as crucial when driving on the motorways. This is where the relevance of trucking accounting arises.
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This blog will talk about the significance of accounting software for truckers and how it can bring some ease to your financial sojourn.
1. Stay Organized Even When on the Go
Picture this: If you are still on a busy schedule, making deliveries, and all the receipts are showing up. With accounting software truckers, you can quickly enter expenses and keep all information tidy – directly from your cab.
2. Track Profits with Ease
In terms of money, earnings on the road should mirror the miles traveled. Accounting Software for Truckers simplify the process of monitoring your revenues and costs. This provides you with an easy way to see the level of your profits. Your finances have become self-propelling, as you can be more focused on the road.
3. Simplify Tax Time
Nobody likes the tax season, but a good tool can help him make the most of it. Accounting software for truckers helps prepare taxes accordingly as it categorizes your expenses and income. With this, you can file your return without any hassle.
Over to you
Every trucker around should adopt trucking accounting with the proper accounting software as a trusting co-pilot. It enables you to travel on the financial landscape. This allows you to focus on the wheel in front of you. With the power of such accounting software, you can now stay organized and make tax time less bumpy.
For more details about Best Eld For Trucks please visit our website: axonsoftware.com
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devid12s · 1 year ago
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Optimizing the Road The Benefits of Fuel Cards for Truckers
In the dynamic world of trucking, efficiency and cost-effectiveness are paramount. One significant tool that has revolutionized the way truckers manage their fuel expenses is the fuel card. These specialized cards, designed specifically for the trucking industry, offer a range of benefits that go beyond traditional payment methods. In this article, we will explore the advantages of fuel card for truckers and how they contribute to streamlined operations and financial savings.
Cost Savings and Discounts: One of the primary advantages of fuel cards for truckers is the potential for significant cost savings. Fuel cards often come with discounted fuel rates negotiated by the card provider with fuel stations and networks. This can result in substantial savings over time, especially for long-haul truckers who cover vast distances and fill up frequently. Additionally, some fuel card programs offer cashback or rewards programs, providing further financial incentives for truckers.
Expense Tracking and Reporting: Managing expenses is a critical aspect of trucking operations. Fuel cards simplify this process by providing detailed transaction reports. Truckers and fleet managers can access real-time data on fuel purchases, making it easier to track and analyze expenses. This feature enhances transparency and accountability, helping truckers make informed decisions to optimize their fuel usage and overall operational costs.
Control and Security: Fuel cards offer enhanced control over spending by allowing trucking companies to set specific restrictions on card usage. Fleet managers can determine where and how the card is used, such as limiting transactions to fuel purchases only or specifying geographical locations. This level of control helps prevent unauthorized spending and ensures that resources are used efficiently.
Efficient Record-Keeping: Keeping accurate records is crucial for tax purposes and financial planning. Fuel cards automate record-keeping by providing digital receipts and transaction history. This not only reduces paperwork but also simplifies the process of tracking and reporting expenses. Truckers and fleet managers can access these records easily, streamlining accounting processes and saving valuable time.
Convenience on the Road: Fuel cards eliminate the need for truckers to carry large amounts of cash or personal credit cards. This not only enhances security but also adds convenience during long journeys. Many fuel card programs provide access to extensive networks of fuel stations, ensuring that truckers can find a suitable place to refuel without hassle, regardless of their location.
Integration with Fleet Management Software: Many fuel card providers offer integration with fleet management software. This integration enables seamless communication between fuel card transactions and other aspects of fleet operations, such as maintenance, routing, and dispatch. This holistic approach to data management enhances overall operational efficiency and decision-making.
Conclusion:
In the competitive and demanding world of trucking, fuel cards have emerged as indispensable tools for optimizing costs and improving operational efficiency. With their cost-saving benefits, enhanced control, and integrated features, fuel cards offer a comprehensive solution to the unique challenges faced by truckers and fleet managers. Embracing this technology not only streamlines financial processes but also positions trucking businesses for success in an ever-evolving industry.
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nrtc · 4 months ago
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ailtrahq · 1 year ago
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In the heart of Manhattan, high above Hudson Yards in a bustling hotel, Bitcoin Magazine’s Editor in Chief, Mark Goodwin, sat down with US presidential hopeful Robert F. Kennedy Jr. for a candid and engaging interview that shed new light on his political vision.The interview commenced with RFK's assessment of the Democratic Party and the evolving definition of a "Kennedy Democrat." According to him, Kennedy Democrats are rooted in the party's historical values of advocating for the working class, environmental stewardship, anti-war principles, and skepticism towards corporate influence. He emphasized the need to counter the undue influence of financial giants like BlackRock, State Street, and Vanguard, which control a significant portion of the economy, including military contractors, agriculture, and pharmaceuticals.One of the central themes of the interview was RFK's plan to address the growing power of tech giants and their influence on free speech and the open internet. He outlined a multifaceted approach that involves executive orders against government-promoted censorship on social media, legislative amendments to protect free speech, and summoning the heads of major social media companies to ensure political speech remains uncensored.RFK's stance on controversial figures like Julian Assange and Edward Snowden was clear. He pledged to pardon them on his first day in office, and also expressed interest in reviewing the case of Ross Ulbricht, the founder of Silk Road, to assess whether his sentence was just.The conversation then shifted towards the economy and the question of whether taxpayers would support policies that raise taxes and potentially lead to inflation to fund various initiatives, including wars and responses to crises like COVID-19. RFK highlighted the historical use of fiat currency to fund wars without directly taxing the population, noting that inflation was a form of hidden taxation.The interview took an intriguing turn as RFK discussed his interest in Bitcoin and the need for financial freedom. He shared how the government's actions during the Ottawa trucker protests, where individuals' bank accounts were closed without due process, sparked his appreciation for the importance of freedom of transaction. RFK expressed his intention to protect Bitcoin, potentially backing the U.S. dollar with cryptocurrencies and other hard assets to provide an alternative to fiat currency.The future of the U.S. dollar was another significant topic. RFK highlighted the challenge posed by the rapid globalization of the dollar and the emergence of alternatives offered by BRICs and other nations, potentially eroding the dollar's status as the world's reserve currency.Central bank digital currencies (CBDCs) were met with skepticism. RFK argued that they could become instruments of control and warned against their potential to eliminate cash currencies, ultimately giving governments complete control over individuals' financial transactions.The interview delved into the challenges of implementing Bitcoin-friendly policies, including working with a compromised Congress. RFK expressed his intent to use executive orders and Treasury policy to make changes without relying solely on legislative action.The conversation also touched on the military-industrial complex and the war in Ukraine. RFK criticized the detrimental impact of wars on both domestic and global fronts, emphasizing the immense resources spent on military endeavors that could be directed towards solving pressing domestic issues.Drawing parallels to history, RFK discussed the potential consequences of inflation and the risk of social upheaval. He underscored the importance of addressing economic disparities and protecting the ability of Americans to own homes, in line with Thomas Jefferson's vision.The interview concluded with RFK's vision of hope for American democracy and his commitment to addressing pressing issues. He acknowledged the challenges posed by powerful interests but urged citizens to watch his actions, promising to make a difference.
In a political landscape often dominated by familiar faces, RFK's unconventional approach and commitment to tackling powerful interests make him a notable candidate worth watching. His dedication to preserving individual freedoms, addressing economic disparities, and promoting financial independence through Bitcoin sets him apart in the crowded field of presidential hopefuls.
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triumphif · 2 years ago
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Fuel Cards: Streamlining Fuel Purchases for Truckers and Owner Operators
For truckers and owner operators, managing fuel expenses is a significant aspect of their business operations. Fuel cards provide a convenient and efficient solution, streamlining fuel purchases and offering various benefits such as discounts and enhanced expense tracking. In this article, we will explore the concept of fuel cards, their advantages for truckers and owner operators, and how they contribute to cost savings and improved financial management. Whether you're a seasoned trucker or an owner operator, understanding fuel cards can optimize your fuel procurement process and positively impact your bottom line.
Understanding Fuel Cards
What are fuel cards?
Fuel cards, also known as fleet cards or fuel charge cards, are specialized payment cards designed specifically for fuel purchases. They are issued by fuel card providers, typically in partnership with fuel networks or major fuel retailers. Fuel cards are widely used in the trucking industry and offer benefits such as expense tracking, fuel discounts, and enhanced control over fuel expenditures.
How do fuel cards work?
Fuel cards work similarly to credit cards but are tailored for fuel-related transactions. Truckers and owner operators receive a fuel card linked to their account with a fuel card provider. When making a fuel purchase, they present the card at the fuel station and use it to pay for the fuel. The fuel card provider then bills the cardholder for the fuel purchased, along with any applicable fees or charges.
Benefits of using fuel cards
Using fuel cards provides several advantages, including:
Enhanced expense tracking: Fuel cards offer detailed transaction reports, enabling truckers and owner operators to track fuel expenses accurately. This helps with budgeting, tax preparation, and identifying potential savings opportunities.
Access to fuel discounts: Many fuel card programs provide discounts on fuel purchases. These discounts can vary based on factors such as the fuel card provider, fuel network, or volume of fuel purchased. Fuel discounts contribute to significant cost savings over time.
Improved cash flow management: Fuel cards streamline fuel purchases and eliminate the need for cash or personal credit cards. This helps truckers and owner operators manage their cash flow effectively, ensuring they have funds available for other operational expenses.
Convenience and flexibility: Fuel cards offer convenience by eliminating the need to carry cash or rely on personal credit cards for fuel purchases. They are widely accepted at fuel stations across the country, providing truckers and owner operators with flexibility in fueling their vehicles.
Fuel Cards for Truckers and Owner Operators
Enhanced expense tracking
Fuel cards for truckers provide detailed transaction reports that capture important information such as the date, time, location, and amount of fuel purchased. These reports make it easier for truckers and owner operators to track their fuel expenses accurately. The data can be used for accounting purposes, tax reporting, and identifying any discrepancies or unauthorized fuel purchases.
Access to fuel discount card
One of the significant advantages of fuel cards is access to fuel discounts. Fuel card providers often negotiate discount fuel rates with fuel networks or retailers, allowing cardholders to save on fuel costs. These discounts can result in substantial savings, especially for truckers and owner operators who consume a significant amount of fuel during their operations.
Improved cash flow management
By using fuel cards for trucking, truckers and fuel cards for owner operators can better manage their cash flow. Instead of paying for fuel immediately, fuel cards provide a billing cycle that allows cardholders to delay payment. This flexibility allows truckers and owner operators to allocate their funds strategically and maintain sufficient cash flow for other essential business expenses.
Convenience and flexibility
Fuel cards offer convenience and flexibility to truckers and owner operators. They eliminate the need to carry cash or rely on personal credit cards for fuel purchases. Fuel cards are widely accepted at fuel stations, providing cardholders with the freedom to fuel up at various locations, including major fuel chains and independent stations.
Choosing the Right Fuel Card
When selecting a fuel card, consider the following factors:
Consider your fueling needs
Evaluate your fueling patterns and requirements. Consider factors such as the locations where you typically fuel up, the fuel networks or retailers you prefer, and the volume of fuel you consume. Choose a fuel card that aligns with your specific needs and offers the most convenience and savings for your operations.
Evaluate acceptance and coverage
Ensure that the fuel card you choose is widely accepted at fuel stations across your intended routes. Check the network coverage to ensure that you have access to fuel stations wherever your trucking activities take you. A broad acceptance network provides flexibility and convenience in fueling your vehicles.
Compare fees and charges
Different fuel card providers may have varying fee structures. Compare the fees and charges associated with the fuel card, including transaction fees, monthly fees, or additional charges for certain services. Consider the overall cost and value of the fuel card in relation to the benefits and savings it offers.
Analyze additional features and services
Some fuel card programs offer additional features and services that can enhance your fueling experience. These may include expense management tools, online account access, fuel consumption reports, or fleet management capabilities. Assess these additional features and determine which ones align with your business requirements and provide added value.
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Truck Driver Health Insurance
As a truck driver, you are responsible for transporting goods and materials from point A to point B. You are also a key player in the American economy and a critical part of the transportation system that supports the country.
Truck drivers face unique health risks and can develop various chronic diseases as a result of their work environment. This includes long hours of driving, exposure to loud engine sounds, physical overexertion during loading and unloading cargo, and inhaling toxic gases.
Fortunately, there are several options to choose from when it comes to truck driver health insurance. One is a high-deductible plan that lets you pay less out of pocket each year for your medical needs. This option is best for truckers who are healthy and want more control over their insurance benefits. Another is a Health Savings Account (HSA), which works in conjunction with a high-deductible policy and allows you to save money for future medical expenses before taxes.
Other types of health insurance available for truckers include short-term and permanent disability coverage, and supplemental insurance plans for dental and vision care. This type of coverage is particularly important for owner-operators, as it can be costly to cover their own healthcare.
In addition to health insurance, it is important for truckers to be covered by a workers’ compensation policy. This type of coverage ensures that you are fully paid for your work-related injuries, no matter the extent of your injury.
While most trucking companies offer health insurance to their employees, it is not always the case for independent truckers. Many owners-operators are not provided with health coverage by their leasing company, so they have to take out separate insurance to meet their needs.
Some trucking companies offer their employees the ability to select their own doctors, which can help avoid delays in getting necessary medical care when needed. This is an important step to maintaining a happy and healthy lifestyle, as it helps prevent costly hospital stays and other unexpected medical events.
It is also a good idea for truckers to take advantage of employer-sponsored plans. These can offer a variety of health care services and discounts, including doctor visits, hospital stays, and more.
Choosing the right health insurance for truckers can be a complex process, but it is essential for anyone in this position to have proper protection. The best way to do this is to consult a knowledgeable and experienced health insurance agent who can help you find the right plan for your needs.
A qualified health insurance agent will also be able to offer advice on supplemental policies that you may need to help cover expenses that are not covered by the primary policy. These supplemental insurance plans include vision and dental insurance, as well as coverage for accidents and critical illness.
The open enrollment period for individual and family health insurance plans under the Affordable Care Act (ACA) is November 1 through December 15 in most states, but it may be extended in some cases. During this time, you can visit a broker or government exchange to enroll in a plan.
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joshhamilton11 · 7 months ago
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Navigating Tax Changes And Updates Affecting Truckers
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Navigating tax changes and updates affecting truckers is crucial for maintaining compliance and optimizing tax strategies. Here's a breakdown of some recent tax changes and updates that truckers should be aware of:
Standard Mileage Rate: The IRS often adjusts the standard mileage rate for business miles driven for each tax year. Truckers who use their vehicles for business purposes can deduct a standard rate per mile driven for business. It's essential to stay updated on any changes to this rate, as it can impact your deductions significantly.
Per Diem Rates: Per diem rates for meals and incidental expenses (M&IE) are updated periodically by the IRS. These rates vary depending on the location and are intended to reimburse truckers for expenses incurred while away from home. Keeping track of the latest per diem rates can help truckers maximize their deductions for travel expenses.
Section 179 Deduction: Section 179 allows businesses, including trucking businesses, to deduct the full purchase price of qualifying equipment and software purchased or financed during the tax year. In recent years, there have been changes to the maximum deduction limit and eligible property, so staying informed about these updates is crucial for maximizing tax savings.
Fuel Tax Credits: Truckers who use fuel for off-highway business purposes, such as in refrigeration units or auxiliary power units (APUs), may be eligible for fuel tax credits. The eligibility criteria and calculation methods for these credits can change, so it's essential to stay updated on any updates to ensure accurate tax reporting.
State Tax Changes: State tax laws and regulations affecting truckers can vary widely from state to state. Changes to state income tax rates, sales tax rates, and other tax-related policies can impact truckers' overall tax liability. Keeping abreast of state tax changes and updates can help truckers effectively plan their tax strategies.
COVID-19 Relief Measures: In response to the COVID-19 pandemic, various relief measures were implemented, including tax provisions aimed at providing assistance to businesses, including trucking businesses. These provisions may include tax credits, deferral of tax payments, and other relief measures. Staying informed about COVID-19-related tax changes can help truckers take advantage of available benefits.
Electronic Logging Device (ELD) Mandate: The ELD mandate requires commercial motor vehicle drivers, including truckers, to use electronic logging devices to record their hours of service. While not directly related to taxes, compliance with the ELD mandate can impact truckers' operations and may have implications for tax reporting, such as documenting hours worked and mileage driven.
Tax Reform Legislation: Tax reform legislation, such as the Tax Cuts and Jobs Act (TCJA), can have far-reaching implications for truckers. Changes to tax rates, deductions, credits, and other tax provisions can affect truckers' overall tax liability and tax planning strategies. Staying informed about tax reform developments and understanding how they impact your tax situation is essential for effective tax planning.
Retirement Planning Options: Retirement planning is an essential aspect of tax planning for truckers. Understanding the tax implications of different retirement savings options, such as traditional IRAs, Roth IRAs, and solo 401(k) plans, can help truckers make informed decisions about saving for retirement while minimizing their tax liability.
IRS Enforcement Priorities: The IRS may prioritize certain enforcement areas, such as worker classification issues, underreporting of income, or abusive tax shelters. Being aware of the IRS's enforcement priorities can help truckers identify areas of potential risk and ensure compliance with tax laws.
Staying informed about tax changes and updates affecting truckers is essential for maintaining compliance, minimizing tax liability, and optimizing tax planning strategies. Consulting with a qualified trucker tax accountant can provide valuable guidance and assistance in navigating these tax changes effectively.
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rametarin · 3 years ago
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Reiterating that I really hate anti-vehicle culture.
The lot of you aren’t slick. It’s not conspiracy theory to mention how many anecdotes I have of people that started out the conversation, “I like to use my bicycle,” that goes to, “cars are bad because they pollute and the asphalt traps heat in roads in cities,” and then to, “we should eliminate all roads and cars and make it progressively harder to illegal for any but the wealthy to own them,” and then, “after that we should make it illegal because fuck private property and fuck the rich.”
And when I point out automotive transport, roads and etc. are good so the military can move around and the civilian goods transport sector can move them too, they either smile and skirt the question or, if they’re feeling particularly bold, express glee that the military wouldn’t be able to move domestically in the event of an invasion or insurgency.
I have grown to really hate anti-motorists and see them as ridiculous radical assholes. It’s one thing to want more bike lanes (which inevitably means we need to widen the roads; which inevitably means we should make the lanes wider ANYWAY) but it’s another to argue for carless cities or that, “the trucks are too big.”
How about fuck you. How about if you want to use the roads at all, you pay taxes to drive your bike, unicycle or scooter on it. How about that, fuckface? Would you like that? To pay per mile driven on any vehicle, including a bike? Because now that the oil dollars are going to taper off with the reduction of ICE cars, they’ve determined that a person won’t pay per gallon of oil, but per mile driven in their car. By all rights your happy spandex covered ass should pay the same amount per mile, considering you’re still moving the same distance. How about that? Wanna pay as much as a motorist to use the public roads and sidewalks? What, don’t you like taxes?
That, and having roads means if some assholes want to protest or boycott, all they have to do to blockade the One Passage. If you block off the monorail, people can’t go about their lives and are more apt to be coerced to make concessions for whatever braindead cause they want. And that applies to more than just whatever anti-work or BLM related protests you have; that applies to the trucker protests, like the ones Canada had bank accounts frozen on, whose gripes legally were later found to be completely valid.
Having a dozen such roads means it becomes impossible to close off them all without incredible numbers of people, that now have to fraction just to be everywhere at once. People that would rather be able to protest and close down whole cities do not like if you can circumvent their blockades, and would rather you be forced to carry water for their movements by virtue of needing to get by.
These people hate that personal automobiles provide a roaming form of personal/private property that you are legally allowed to store your belongings and guns in, and that makes it illegal and punishable to steal from them. They hate that the cars allow you to go anywhere on your schedule, not theirs. Your freedom and mobility, they feel, should come beholden to a public system and you shouldn’t be able to function without them. They crave participatory interdependence with no alternative, and the coercive function it has to make you beholden to what society demands in trade for what you aren’t allowed to say no to.
And on the eve when all complaints about the fuel being pollutive becoming moot because electric vehicles will run on electricity, not individually burn gasoline or diesel fuel, they jump from complaining about air pollution or contamination by the misc. chemicals in a car, to the fact they exist at all as “too much” for the environment.
These people will not be satisfied by any means to make a car benign to the environment. We could replace roads and make flying cars, both manned and autonymous, as the standard, and they’d still hate it. Because it’s not about the cars, it’s about the power they want society to have over your mobility, where you are and aren’t allowed to go without consequences. We could use paint that is non-toxic and while long lasting, harmless to body chemistry, get rid of toxic coolants, cleaning agents, lubricants, plastic and rubber seals and fuel, car bodies that don’t rust or corrode over 30-40 years, and they’d still hate them because they take up space and you can personally, privately possess them.
They have a certain vision of the future they want to see people adopt, and they don’t care about how that’d fuck logistics or personal autonomy or society. Just that it’d take choice to disobey away from people, “for their own good.” Or at least, “the good of society.”
And I absolutely abhor this mindset. Miss me with, “lets all ride busses, monorails and ride bikes,” unless we also make room for cars.
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