Book Description

The problems are reviewed of highway tax allocation and a highway taxation cost-benefit analysis is proposed. The method of analysis proposed is one which: (1) is integrated with the highway improvement program developed from a state- wide engineering study of highway needs, (2) is based on the legal definitions of general purpose and special purpose taxes, (3) is based on economic principles for the allocation of overhead or joint costs, in accordance with costs caused and benefits anticipated, and (4) is based on the engineer-economist's benefit-cost ratio for the justification of proposed expenditures.