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9780833051783

The Option of an Oil Tax to Fund Transportation and Infrastructure

by ; ;
  • ISBN13:

    9780833051783

  • ISBN10:

    0833051784

  • Format: Paperback
  • Copyright: 2011-04-15
  • Publisher: RAND Corporation
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List Price: $15.00

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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