Text

The Option of an Oil Tax to Fund Transportation and Infrastructure

---

This policy research paper investigates the feasibility and economic implications of implementing a percentage tax on crude oil and imported refined petroleum products consumed in the United States to fund the nation\\\\\\\'s surface-transportation infrastructure. As federal expenditures on highways outpace declining revenues from traditional, unindexed gasoline and diesel taxes—largely driven by rising vehicle fuel efficiency—the study explores how an upstream oil tax could structurally resolve this budgetary deficit. The authors provide detailed revenue projections at various tax rates and oil prices, balancing these forecasts against projected national infrastructure needs. Additionally, the text evaluates the domestic distributional effects across different household incomes and geographic regions, arguing that such a mechanism could simplify the tax system, spread the burden of external energy costs across all petroleum users, and provide a politically viable alternative to raising retail motor-fuel taxes.

---

Availability

Detail Information

Series Title

-

Call Number

336.278 CRA t

Publisher

Santa Moica, AS : RAND Corporation., 2011

Collation

-

Language

English

ISBN/ISSN

9780833051837

Classification

336.278

Content Type

text

Media Type

unspecified

Carrier Type

-

Edition

Cetakan pertama tahun 2011

Subject(s)

Kebijakan Pajak

Specific Detail Info

-

Statement of Responsibility

-

Other version/related

File Attachment

Comments

---

You must be logged in to post a comment