Download This PaperDestroying Ourselves: Is it Time to Find an Alternative to the Gas Tax?
38 Pages Posted: 21 Apr 2020 Last revised: 8 Feb 2021
Date Written: April 10, 2020
Abstract
As America enters the new decade, we enter a period of significant change. With the unexpected rise of the COVID-19 pandemic, many Americans are now questioning the current system and are looking for positive change. Politicians and policymakers need to seize this opportunity to protect Americans in ways past administrations have failed. One of those changes needs to be a proactive policy that combats climate change and shifts the American economy and the American public away from fossil fuels. This Note suggests that new system will be a collection of tax policies that incentivize a shift toward renewable energy and tax breaks for the formation and expansion of renewable energy businesses, as well as penalties that trigger Americans to change the way they think about how they consume fuel.
Keywords: Gas Tax, Tax Credits, Tax Policy, climate change, global warming, fossil fuels, COVID-19, coronavirus, green energy, renewable energy, solar power, electric vehicles, film tax credits, Georgia film tax credits, tax policy
JEL Classification: A10, A14, K32, K34, K1, K10, K2, K20, K22, K3, K30, Z1
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