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Taxing behavior that you want to discourage is an oxymoron or at least it creates a perversive incentive in which the government taxes something but doesn’t inv
by dogma1138 5y ago
Taxing behavior that you want to discourage is an oxymoron or at least it creates a perversive incentive in which the government taxes something but doesn’t invest and even sometimes hampers alternatives because it values the tax income.
Subsidies aren’t much better either in many cases…
We see this with EVs now where countries and jurisdictions are looking for ways to make up for the lost tax revenue due to ever and ever increasing EV sales.