(Download) "For What the Tolls Pay: Fair and Efficient Highway Charges (Perspectives )" by Issues in Science and Technology * Book PDF Kindle ePub Free
eBook details
- Title: For What the Tolls Pay: Fair and Efficient Highway Charges (Perspectives )
- Author : Issues in Science and Technology
- Release Date : January 22, 2006
- Genre: Engineering,Books,Professional & Technical,
- Pages : * pages
- Size : 165 KB
Description
Hydrogen cars, expensive oil, fuel efficiency standards, and inflation frighten those interested in maintaining and improving U.S. highways. All of these forces could erode the real value of fuel taxes that now are the largest single source of funding for highway programs and an important source of transit funding as well. Because of this worry, the Transportation Research Board convened a committee to carefully examine the future of the fuel tax. The committee uncovered both good and bad news. The good news is that there is nothing structurally wrong with the fuel tax that will cause the real value of revenues to decline dramatically over the next couple of decades. The bad news is that it is a very crude way to raise revenues for our highway system. Switching to per-mile fees, the committee concluded, would be a much more efficient and equitable approach.