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:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/08919526
• 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

• TRT Terms: Arterial highways; Congestion pricing; Highway maintenance; Maintenance management; Pavements; Resurfacing; Taxation; Thickness; Trucks
• Identifier Terms: Interstate Highway System
• Uncontrolled Terms: Maintenance costs; Pavement thickness
• Subject Areas: Administration and Management; Finance; Highways; Motor Carriers; Pavements; I10: Economics and Administration;

Filing Info

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