03480nam 2200661 a 450 991022012860332120200520144314.01-283-13581-797866131358100-8330-5183-0(CKB)2560000000073200(EBL)688701(OCoLC)721195156(SSID)ssj0000524613(PQKBManifestationID)11327336(PQKBTitleCode)TC0000524613(PQKBWorkID)10487641(PQKB)10092392(Au-PeEL)EBL688701(CaPaEBR)ebr10466329(OCoLC)705461081(Au-PeEL)EBL4969959(CaONFJC)MIL313581(MiAaPQ)EBC688701(MiAaPQ)EBC4969959(EXLCZ)99256000000007320020110211d2011 uy 0engur|n|---|||||txtccrThe option of an oil tax to fund transportation and infrastructure /Keith Crane, Nicholas Burger, Martin Wachs1st ed.Santa Monica, CA RAND20111 online resource (48 p.)Occasional paper The option of an oil tax to fund transportation and infrastructureDescription based upon print version of record.0-8330-5178-4 Includes bibliographical references.Title Page; Copyright; Preface; Contents; Figures; Tables; Summary; Acknowledgments; Abbreviations; Section 1: Introduction; Section 2: Why Tax Oil?; Gasoline and Diesel Taxes Are Insufficient to Pay for Roads; Legislators Have Been Unwilling to Raise Gasoline and Diesel Taxes; Design and Benefits of a Tax on Oil; Section 3: How Much Might Oil Be Taxed?; Revenue Needs; Externalities; Damage to the Environment; Costs of Defending Foreign Sources of Oil and Transit; Monopsony Premium; A Potential Tax Rate for Oil; Section 4: Who Would Pay the Tax?Distribution of the Tax Among Consumers, Refiners, and Domestic and Foreign ProducersDistributional Effects of an Oil Tax; Implications That the Proposed Tax Could Have for Transportation Appropriations; Link the Tax to the Highway Trust Fund; Apportion the Revenue According to Its Use; Abandon the Trust Fund in Favor of General-Fund Financing; Implementation; Setting the Tax; Phasing In the Tax; Conclusion; Appendix: Gasoline Prices and Federal Tax History, 1949-2008; BibliographyFederal 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.PetroleumTaxationEconomic aspectsUnited StatesTransportationFinancePetroleumTaxationEconomic aspectsTransportationFinance.336.2/785532820973Crane Keith1953-899251Burger Nicholas924036Wachs Martin32081MiAaPQMiAaPQMiAaPQBOOK9910220128603321The option of an oil tax to fund transportation and infrastructure2475713UNINA