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Shepard-HB-6022-replace-petroleum-products-gross-earnings-tax-with-a-per-gallon-tax.pdf
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🔗 Source: yankeeinstitute.org
📊 Size: 123 KB
👤 Author: Scott Shepard
⬇️ Downloads: 48

Summary

Scott Shepard, Policy Director of the Yankee Institute for Public Policy, submitted testimony in support of House Bill 6022, which replaces the petroleum products gross-earnings tax with a per-gallon tax. He argues that having two separate taxes on the same source is inefficient and opaque, and that the gross-earnings tax, passed in 1981, was ill-conceived and has never achieved its intended purpose. Shepard claims that the tax is economically incoherent and was ruled an unconstitutional interference in interstate commerce. He supports folding the gross-earnings tax into the per-gallon gas tax for the sake of efficiency and transparency.

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Description

Scott Shepard, Policy Director of the Yankee Institute for Public Policy, submitted testimony in support of House Bill 6022, which replaces the petroleum...

Technical Information

  • File Format: PDF
  • File Size: 123 KB
  • Pages: 2
  • Language: EN
  • Author: Scott Shepard
  • Total Downloads: 48
  • Last Updated: 2 months ago

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