Role of Federal Gasoline Excise Taxes in Public Policy

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Examines economic impact of Federal excise tax on gasoline, including changing demand-supply relationships, reduction of gasoline price volatility, revenue effects, and the petroleum refining indus...

Examines economic impact of Federal excise tax on gasoline, including changing demand-supply relationships, reduction of gasoline price volatility, revenue effects, and the petroleum refining industry. Analyzes positive and negative effects of the tax, evaluates incentive structure that a higher gasoline tax would likely create, and examines a revised version of the tax, a variable gasoline tax.

Show More