Industry-specific taxes and effective tax rates

Book · Sun Jan 01 04:00:00 EST 1984

OSTI ID:5753807

Fry, Jr, R C

A study of tax burdens across industries, with particular emphasis on the tax burden on the return to capital, evaluates these relative burdens on equity and efficiency grounds. The study differs from previous studies in that it takes into account industry-specific severance taxes, including the windfall profits tax, as well as depletion allowances. As these tax provisions are concentrated in the oil and other extractive industries, the focus of the paper is on them. Section II discusses the goals of tax policy and the potential problems which arise in its pursuit. Later sections deal with uniformity and optimality as criteria for evaluating taxes and tax systems, measures of tax burden by industry, a new measure which takes into account the effects of severance and windfall taxes, and the specific impact on the oil industry. 61 references, 3 figures, 10 tables.

• OSTI ID: 5753807
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
021000* -- Petroleum-- Legislation & Regulations
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
COMPARATIVE EVALUATIONS
DEPLETION ALLOWANCES
ECONOMIC IMPACT
ECONOMIC POLICY
GOVERNMENT POLICIES
INDUSTRY
PETROLEUM INDUSTRY
SEVERANCE TAX
TAXES
WINDFALL PROFITS TAX