Extension of the Gasoline Tax PDF Download

Author: Keith Crane
Publisher: Rand Corporation
ISBN: 0833051822
Category : Business & Economics
Languages : en
Pages : 55

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Book Description
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.

Author: David Besanko
Publisher:
ISBN:
Category : Gas industry
Languages : en
Pages : 6

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Book Description
Although the federal gasoline tax played multiple roles in financing surface transportation infrastructure in the United States, experts did not agree on the tax's purpose. Some argued that it was essentially a fee for users of the nation's federally supported highways. Others suggested that it should play a more prominent role in environmental, energy, and transportation policy by correcting for driving-related externalities. Still others suggested that it should be used to reduce the federal budget deficit. Finally, the tax itself had remained at the same level since 1993, and with the Highway Trust Fund virtually insolvent, many experts believed it was time for an increase. The case presents a background on the U.S. federal gasoline tax, an overview of the market for gasoline in the United States, and survey of gasoline taxes in U.S. states as well as several other countries around the world. The case can be used to discuss the incidence of the gasoline tax, as well as its role as a Pigouvian tax to deal with negative externalities related to gasoline consumption and driving. There is sufficient data in the case to enable students to analyze the incidence of the federal gasoline tax and to determine the socially efficient level of the tax in light of externalities related to gasoline consumption and driving.

Author: United States. Congress. House. Committee on Ways and Means
Publisher:
ISBN:
Category :
Languages : en
Pages : 62

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Book Description

Author: Edmund Philip Learned
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 100

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Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 82

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Book Description

Author: United States. Congress. Senate. District of Columbia Committee
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 88

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Book Description

Author: United States. Internal Revenue Service
Publisher:
ISBN:
Category : Agriculture
Languages : en
Pages : 24

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Book Description

Author: Thomas Sterner
Publisher: Routledge
ISBN: 1136521712
Category : Law
Languages : en
Pages : 412

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Book Description
Fuel Taxes and the Poor challenges the conventional wisdom that gasoline taxation, an important and much-debated instrument of climate policy, has a disproportionately detrimental effect on poor people. Increased fuel taxes carry the potential to mitigate carbon emissions, reduce congestion, and improve local urban environment. As such, higher gasoline taxes could prove to be a fundamental part of any climate action plan. However, they have been resisted by powerful lobbies that have persuaded people that increased fuel taxation would be regressive. Reporting on examples of over two dozen countries, this book sets out to empirically investigate this claim. The authors conclude that while there may be some slight regressivity in some high-income countries, as a general rule, fuel taxation is a progressive policy particularly in low income countries. Rich countries can correct for regressivity by cutting back on other taxes that adversely affect poor people, or by spending more money on services for the poor. Meanwhile, in low-income countries, poor people spend a very small share of their money on fuel for transport. Some costs from fuel taxes may be passed on to poor people through more expensive public transportation and food transport. Nevertheless, in general the authors find that gasoline taxes become more progressive as the income of the country in question decreases. This book provides strong arguments for the proponents of environmental taxation. It has immediate policy implications at the intersection of multiple subject areas, including transportation, environmental regulation, development studies, and climate change. Published with Environment for Development initiative.

Author: Virginia. Commission to Study Gasoline and Use Fuel Tax Statutes
Publisher:
ISBN:
Category : Diesel fuels
Languages : en
Pages : 32

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Book Description

Author: American Petroleum Institute
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 142

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Book Description