The primary purpose of all forms of taxation, whether on energy or on non-energy items, is to raise money for the government to finance its expenditures. Taxes finance the majority of government expenditure (the rest being financed by borrowing, which will have to be repaid from future taxation) so that the general level of taxation is determined by the requirements for government spending. However, the same total revenue can be raised by many different combinations of taxes, so that the tax rates on individual items and groups of items can be adjusted to reflect other criteria. (more…)
Taxation of energy in the United States, the federal government does not impose an energy tax or a general sales tax that is br ...
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
A number of countries have vehicle tax incentives programs designed to reward purchasers and owners of alternative fuel-efficient v ...
Federal Excise Taxes placed on specific energy sources tend to reduce energy demand for these energy sources in both the short ...
We know of no studies that have examined vehicle taxation incentives programs elsewhere in the world, but it seems likely that ...
