The Option Of An Oil Tax To Fund Transportation And Infrastructure

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The Option of an Oil Tax to Fund Transportation and Infrastructure

The Option of an Oil Tax to Fund Transportation and Infrastructure
Author :
Publisher : Rand Corporation
Total Pages : 55
Release :
ISBN-10 : 9780833051820
ISBN-13 : 0833051822
Rating : 4/5 (822 Downloads)

Book Synopsis The Option of an Oil Tax to Fund Transportation and Infrastructure by : Keith Crane

Download or read book The Option of an Oil Tax to Fund Transportation and Infrastructure written by Keith Crane and published by Rand Corporation. This book was released on 2011-02 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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