Pigovian tax

Carbon dioxide (CO2) is a key cause of global warming and other environmental damage according to the United States Environmental Protection Agency (EPA). A green tax is an excise tax that could provide considerable environmental pollution relief by promoting environmentally sustainable practices via economic incentives. As part of President Obama’s administration’s Green initiative, a policy implementation of a green tax on carbon would greatly benefit the United States’ environment and economy by encouraging firms, and individuals to seek out environmentally sustainable alternatives while providing the government with an additional revenue stream to offset any possible regressive impact. This tax differs from a regular tax in that a green…

An example of a negative externality consumption; would be the usage of cell phones in theaters and even plays. People pay money to go into a large dark room, where they will sit down and enjoy a plot. Yet, the moment of suspense and adrenaline one feels when the plot thickens, gets ruined by the constant *Bing* *tweet tweet* and even worse, the people who have inappropriate music as their ring tones. You go in expecting a good time, only to have it ruined by someone else who should have turned…

Firstly, the environmental tax is better than the cap and trade system in terms of its competence in stability and controlling the variety of pollution. To illustrate, it is no doubt that the environmental tax has the advantage of stability because it is set officially by the government as a regulation and it is conducted by the specific department within government in order to keep this regulation stable. At the same time, the government can directly acquire the needed funding for public…

of this site to cover environmental accounting in any detail but further information on this subject is available from envaccounting@sustainableconstruction.co.uk. A sustainable construction project must aim to redress the imbalance caused by economists having only half the information at their disposal. It should aim to balance the financial, environmental and operational aspects of every decision, every material and every system in the development. This is not easy to do: as well as the…

discussed in the local and national news. The Nevada legislature has already passed legislation to subsidies the construction of a stadium. The subsidy will be $750 million. With such a high subsidy, the largest for a sports stadium, the externalities have to be closely observed as a subsidy should only be given if the positive externalities are higher than that of the negative externalities. The Nevada legislature approved a subsidy of $750 million dollars in order to build the Raiders…

pay less in taxes, thereby imposing a greater burden on others. This is just another example of some of the costs that are incurred under prohibition, that many people, in particular prohibitionists, are unaware of. Miron’s conclusion is that, while some policies could reduce the harm of drug consumption, legalization is an improvement over prohibition. Prohibition’s ability to reduce drug use is moderate, at best, rather than dramatic, has many negative consequences, and exacerbates many of…

w of the Carbon Tax The carbon tax is a tax the Gillard government placed on fossil fuels such as coal and oil that had been emitted into our atmosphere. The tax was directed at the first 500 big companies and include those who emit more than 25,000 tonnes of carbon dioxide into the atmosphere causing environmental impacts for Australia and ultimately world wide. Julia Gillard commenced the carbon tax as of July 1, 2012, the beginning of the financial year with the price at $23 per tonne…

According to the article “Paul Calls for a Flat Tax Rate of 14.5%,” Senator Rand Paul wants to eliminate the current tax code and replace it with a federal flat tax of 14.5%. By creating a flat tax, it would reduce government tax by over $2 trillion over 10 year or at least 5 %, by cutting spending and avoiding adding to the already astronomical deficit. Paul hopes to eliminate all taxes on workers, as well as many tax deductions, and apply the new tax rate to all personal incomes. The flat tax…

the text book, Bill Clinton campaigned he would change welfare and end the frustrations many people felt towards the underprivileged and in 1996, President Clinton signed the personal Responsibility and Work Opportunity Reconciliation Act (PRWORA). According to welfareinfo.org one of the major changes to the benefits was the Welfare-to-Work initiative; this was a program requiring people who received financial help to work at a minimum of twenty hours a week. (Welfare Reform - Social Welfare…

Release the Green Marijuana is an herb mistaken for a drug and is looked upon as dangerous, when in fact it is anything but dangerous. Because of people’s ignorance and lack of knowledge within marijuana, it has become illegal for all the wrong reasons and should greatly be reconsidered for legalization. There is so much wrong being said about marijuana. However, legalizing marijuana would benefit the country in many ways, such as; taxing marijuana, healing sickness, and the reasoning is not…