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- W4243112810 abstract "Significance On July 15, the House of Representatives passed a short-term funding measure, against the wishes of many in the Senate. US infrastructure is facing a fiscal crunch. Taxes on gasoline have traditionally supported highway appropriations. However, eroding purchasing power and greater fuel efficiency means that about 30% of highway funding must be found from other sources, difficult in the current Congress. The present round of appropriations expires on July 31. Impacts A corporate tax might provide a long-term resolution, but the pursuit of it would come at the cost of seeking more modest solutions. These would provide stability for a year or two, necessary for projects of long duration. If corporate tax reform is not completed before the end of 2015, it will probably not get done in a presidential election year. If Congress were to rely on the prospect of these taxes for the HTF, it might find itself in a similar position in a few months." @default.
- W4243112810 created "2022-05-12" @default.
- W4243112810 date "2015-07-21" @default.
- W4243112810 modified "2023-09-27" @default.
- W4243112810 title "US corporate tax reform would risk highway fund" @default.
- W4243112810 doi "https://doi.org/10.1108/oxan-db201031" @default.
- W4243112810 hasPublicationYear "2015" @default.
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