environmental taxes

How Do Taxes Reduce Pollution?

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How Do Taxes Reduce Pollution? A pollution tax provides an incentive for a firm to reduce its pollution, and thereby to economize its use of the environment. … In the United States, the primary purpose of most environmental taxes is not to curb pollution but rather to raise revenue; thus pollution control is instead pursued

What Is A Disadvantage Of Carbon Tax?

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What Is A Disadvantage Of Carbon Tax? Disadvantages. A carbon tax is regressive. By making fossil fuels more expensive, it imposes a harsher burden on those with low incomes. They will pay a higher percentage of their income for necessities like gasoline, electricity, and food. What are the pros and cons of a carbon offset