Crude Oil Windfall Profit Tax of the 1980s : Implications for Current Energy Policy.

Provides an overview and analysis of the crude oil windfall profit tax (WPT), an excise tax imposed on the U.S. oil industry from 1980 to 1988. Summarizes events surrounding the enactment of the tax under P.L. 96-223, the Crude Oil Windfall Profit Tax Act, describes WPT tax structure, discusses rati...

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Bibliographic Details
Corporate Authors: Library of Congress. Congressional Research Service, ProQuest (Firm)
Format: eBook
Language:English
Published: [Place of publication not identified] : [publisher not identified], 2006.
Series:U.S. Congressional Research.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Provides an overview and analysis of the crude oil windfall profit tax (WPT), an excise tax imposed on the U.S. oil industry from 1980 to 1988. Summarizes events surrounding the enactment of the tax under P.L. 96-223, the Crude Oil Windfall Profit Tax Act, describes WPT tax structure, discusses rationale for the tax, examines revenue and other economic effects, and reviews WPT legislation in the 109th Congress.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Electronic resource.
Physical Description:1 online resource.