Efficiency and distributional effects of Illinois gas taxes
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March 24, 2015
#Climate Policy ,
#Don Fullerton ,
#Fiscal and Economic Policy ,
#Illinois State Budget ,
#Illinois State Economy ,
#Julian Reif ,
#Legacy Report
The gasoline tax might efficiently reduce gasoline use and associated negative externalities such as pollution, but a tax on “vehicle miles traveled” (VMT) might be more efficient at reducing other negative effects of driving like congestion and accidents.