The option of an oil tax to fund transportation and infrastructure / / Keith Crane, Nicholas Burger, Martin Wachs.
Federal spending on surface-transportation infrastructure outpaces federal taxes on gasoline and diesel fuel. Increasing fuel efficiency means that fuel-purchase expenditures have dropped, so real revenue generated from these taxes has declined. A percentage tax on crude oil and imported refined-pet...
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Year of Publication: | 2011 |
Edition: | 1st ed. |
Language: | English |
Series: | Occasional paper The option of an oil tax to fund transportation and infrastructure
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Physical Description: | 1 online resource (48 p.) |
Notes: | Description based upon print version of record. |
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Summary: | Federal spending on surface-transportation infrastructure outpaces federal taxes on gasoline and diesel fuel. Increasing fuel efficiency means that fuel-purchase expenditures have dropped, so real revenue generated from these taxes has declined. A percentage tax on crude oil and imported refined-petroleum products consumed in the United States could fund U.S. transportation infrastructure. |
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Bibliography: | Includes bibliographical references. |
ISBN: | 1283135817 9786613135810 0833051830 |
Hierarchical level: | Monograph |
Statement of Responsibility: | Keith Crane, Nicholas Burger, Martin Wachs. |