Taxes, premiums for rental-car companies on the rise
Rental-car companies are disgruntled over the increase in taxes imposed by some state and local governments in an attempt to narrow widening budget gaps caused by the economic downturn. State lawmakers say raising taxes will not affect local consumers -- a view refuted by the insurance industry. PCI Senior Director Robert Passmore sided with rental-car companies, saying the tax increases also boost auto insurance premiums.
USA TODAY | 11/02
This story published in PCI SmartBrief on 11/04/2009
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