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

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Author
Keith Crane
Publisher
RAND Corporation
Date of release
Pages
48
ISBN
9780833051783
Binding
Paperback
Illustrations
Format
PDF, EPUB, MOBI, TXT, DOC
Rating
5
31

Book review

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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