Balancing Budgets By Raising Depletion Taxes

This June 2008 policy brief by Justin Dahlheimer concludes that states could generate hundreds of millions, in some cases billions, of dollars in additional revenue each year by implementing or adjusting depletion tax policies. The report illustrates how current depletion tax policies, in many cases, fail to account for the full value of the natural resources, depriving state and local governments of additional revenue that could be useful in current and future fiscal years.

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Balancing Budgets By Raising Depletion Taxes

For Immediate Release PRESS RELEASE CONTACT: 612-276-3456 BALANCING BUDGETS BY RAISING DEPLETION TAXES   Minneapolis, Minn.— (June 4, 2008). A new report by the Institute for Local Self-Reliance (ILSR) concludes states could generate hundreds of millions, in some cases billions, … Read More