Balancing Budgets By Raising Depletion Taxes

Date: 5 Jun 2008 | posted in: environment, governance, The Public Good | 0 Facebooktwittergoogle_plusredditpinterestmail

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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