Tax Policy: Effects of the Alcohol Fuels Tax Incentives

摘要

In recent months, Congress has debated the need for continuing to provide tax211u001eincentives for alcohol fuels. In this context, you asked the following questions 211u001erelating to tax incentives for alcohol fuels, which we address in this report: 211u001eWhom do the incentives benefit and disadvantage economically; What environmental 211u001ebenefits, if any, have the incentives produced; Have the incentives increased the 211u001enation's energy independence; To what extent has the partial exemption from the 211u001eexcise tax for alcohol fuels reduced the flow of revenue into the Highway Trust 211u001eFund.