The Option of an Oil Tax to Fund Transportation and Infrastructure

Business & Finance, Industries & Professions, Industries
Cover of the book The Option of an Oil Tax to Fund Transportation and Infrastructure by Keith Crane, Nicholas Burger, Martin Wachs, RAND Corporation
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Author: Keith Crane, Nicholas Burger, Martin Wachs ISBN: 9780833051820
Publisher: RAND Corporation Publication: February 22, 2011
Imprint: RAND Corporation Language: English
Author: Keith Crane, Nicholas Burger, Martin Wachs
ISBN: 9780833051820
Publisher: RAND Corporation
Publication: February 22, 2011
Imprint: RAND Corporation
Language: English
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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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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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