The Option of an Oil Tax to Fund Transportation and Infrastructure
Download or Read eBook The Option of an Oil Tax to Fund Transportation and Infrastructure PDF 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.
| Author | : Keith Crane |
| Publisher | : Rand Corporation |
| Total Pages | : 55 |
| Release | : 2011-02 |
| ISBN-10 | : 9780833051820 |
| ISBN-13 | : 0833051822 |
| Rating | : 4/5 (20 Downloads) |
Book Synopsis The Option of an Oil Tax to Fund Transportation and Infrastructure by : Keith Crane
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.
