Increased Gasoline Tax for D.C.

Increased Gasoline Tax for D.C. PDF Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 84

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Book Description
Considers (72) H.R. 5823.

Increased Gasoline Tax for D.C.

Increased Gasoline Tax for D.C. PDF Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 84

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Book Description
Considers (72) H.R. 5823.

Increased Gasoline Tax for the District of Columbia

Increased Gasoline Tax for the District of Columbia PDF Author: United States. Congress. Senate. District of Columbia
Publisher:
ISBN:
Category :
Languages : en
Pages : 82

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Book Description


Fuel Taxes and the Poor

Fuel Taxes and the Poor PDF Author: Thomas Sterner
Publisher: Routledge
ISBN: 1136521712
Category : Law
Languages : en
Pages : 412

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Book Description
Fuel Taxes and the Poor challenges the conventional wisdom that gasoline taxation, an important and much-debated instrument of climate policy, has a disproportionately detrimental effect on poor people. Increased fuel taxes carry the potential to mitigate carbon emissions, reduce congestion, and improve local urban environment. As such, higher gasoline taxes could prove to be a fundamental part of any climate action plan. However, they have been resisted by powerful lobbies that have persuaded people that increased fuel taxation would be regressive. Reporting on examples of over two dozen countries, this book sets out to empirically investigate this claim. The authors conclude that while there may be some slight regressivity in some high-income countries, as a general rule, fuel taxation is a progressive policy particularly in low income countries. Rich countries can correct for regressivity by cutting back on other taxes that adversely affect poor people, or by spending more money on services for the poor. Meanwhile, in low-income countries, poor people spend a very small share of their money on fuel for transport. Some costs from fuel taxes may be passed on to poor people through more expensive public transportation and food transport. Nevertheless, in general the authors find that gasoline taxes become more progressive as the income of the country in question decreases. This book provides strong arguments for the proponents of environmental taxation. It has immediate policy implications at the intersection of multiple subject areas, including transportation, environmental regulation, development studies, and climate change. Published with Environment for Development initiative.

Effects of U.S. Tax Policy on Greenhouse Gas Emissions

Effects of U.S. Tax Policy on Greenhouse Gas Emissions PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309282721
Category : Political Science
Languages : en
Pages : 199

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Book Description
The U.S. Congress charged the National Academies with conducting a review of the Internal Revenue Code to identify the types of and specific tax provisions that have the largest effects on carbon and other greenhouse gas emissions and to estimate the magnitude of those effects. To address such a broad charge, the National Academies appointed a committee composed of experts in tax policy, energy and environmental modeling, economics, environmental law, climate science, and related areas. For scientific background to produce Effects of U.S. Tax Policy on Greenhouse Gas Emissions, the committee relied on the earlier findings and studies by the National Academies, the U.S. government, and other research organizations. The committee has relied on earlier reports and studies to set the boundaries of the economic, environmental, and regulatory assumptions for the present study. The major economic and environmental assumptions are those developed by the U.S. Energy Information Administration (EIA) in its annual reports and modeling. Additionally, the committee has relied upon publicly available data provided by the U.S. Environmental Protection Agency, which inventories greenhouse gas (GHG) emissions from different sources in the United States. The tax system affects emissions primarily through changes in the prices of inputs and outputs or goods and services. Most of the tax provisions considered in this report relate directly to the production or consumption of different energy sources. However, there is a substantial set of tax expenditures called "broad-based" that favor certain categories of consumption-among them, employer-provided health care, owner-occupied housing, and purchase of new plants and equipment. Effects of U.S. Tax Policy on Greenhouse Gas Emissions examines both tax expenditures and excise taxes that could have a significant impact on GHG emissions.

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

The Distributional Implications of the Impact of Fuel Price Increases on Inflation PDF Author: Mr. Kangni R Kpodar
Publisher: International Monetary Fund
ISBN: 1616356154
Category : Business & Economics
Languages : en
Pages : 34

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Book Description
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

Gasoline Tax in D.C.

Gasoline Tax in D.C. PDF Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
ISBN:
Category : Gasoline
Languages : en
Pages : 84

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Book Description
Considers (68) S. 120, (68) H.R. 655.

D.C. Revenue Bill

D.C. Revenue Bill PDF Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
ISBN:
Category : Taxation
Languages : en
Pages : 294

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Book Description
Considers (89) H.R. 11487.

Hearings

Hearings PDF Author: United States. Congress. Joint Committee ...
Publisher:
ISBN:
Category :
Languages : en
Pages : 2354

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Book Description


Budget Requirements of D.C.

Budget Requirements of D.C. PDF Author: United States. Congress. Senate. Committee on the District of Columbia
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 1116

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Book Description


D.C. Teachers' Pay Bills

D.C. Teachers' Pay Bills PDF Author: United States. Congress. Senate. Committee on the District of Columbia. Subcommittee on Fiscal Affairs
Publisher:
ISBN:
Category : Teachers
Languages : en
Pages : 1288

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Book Description
Considers S. 2415, and similar S. 3122, and S. 2574, to amend D.C. Teachers' Salary Act to establish a new schedule of salaries.