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

Option of an Oil Tax to Fund Transportation and Infrastructure

Keith Crane

Published February 22nd 2011
ISBN : 9781283135818
ebook
48 pages
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 About the Book 

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.