Issues and Options for a Tax on Vehicle Miles Traveled by Commercial Trucks

Congressional Budget Office

No 55688, Reports from Congressional Budget Office

Abstract: In 2017, spending from the Highway Trust Fund exceeded revenues from taxes on highway users by $13.5 billion. A tax of 1 cent per mile on commercial trucks’ travel would have raised $2.6 billion if imposed on all such trucks and $1.6 billion if limited to those with trailers, CBO estimates. Higher rates would have yielded nearly proportionally higher revenues. Implementing such a tax would cost more than raising the existing tax on diesel fuel, however. And such a tax would raise the price of shipped goods and would cause a shift of some freight traffic from truck to rail.

JEL-codes: H22 H25 L92 R41 R48 (search for similar items in EconPapers)
Date: 2019-10-17
New Economics Papers: this item is included in nep-pbe, nep-pub, nep-tre and nep-ure
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