PROPOSED TRUCK TAX FORMULA COULD OFFER MULTIPLE PAYOFFS

A report, "Road Work," by the Brookings Institution, Washington, D.C., suggests that States should build thicker pavements to provide long-lasting, lower maintenance highways, particularly on Interstates and arterial highways. The extra cost of the pavements could by covered by taxing commercial vehicles by axle loads instead of total loads, and by peak hour congestion taxes to be paid by all vehicles. On an annualized basis, spending $2.2 billion more on roads would trim costs of resurfacing by $8.5 billion, a net savings of $6.3 billion. It is suggested that changing the tax system could cut traffic loadings 48%, saving $6.4 billion a year in resurfacing costs over the long term. The new taxes and additional investment in road surfaces could generate $8 billion and benefit society by lower future maintenance expenditures. Congestion taxes could produce net benefits of about $5 billion.

  • Availability:
  • Corporate Authors:

    McGraw-Hill, Incorporated

    330 West 42nd Street
    New York, NY  United States  10036
  • Publication Date: 1989-8-17

Media Info

  • Pagination: p. 14
  • Serial:
    • ENR
    • Volume: 223
    • Issue Number: 7
    • Publisher: McGraw-Hill, Incorporated
    • ISSN: 0891-9526

Subject/Index Terms

Filing Info

  • Accession Number: 00486763
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 31 1989 12:00AM