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How else would you characterize Pigovian taxes?
by specialist 4y ago
How else would you characterize Pigovian taxes?
- yellowapple 4y agoPigovian taxes are on the production/supply side, sin taxes are on the consumption/demand side. Supply-side taxation is much more economically efficient, much harder to dodge, and far less regressive than demand-side taxation, and also ensures that it's producers and importers motivated to produce/import less harmful products rather than punishing consumers for being consumers.
- specialist 4y agoFor future, I'll write "sin taxes, a type of Pigovian taxes". Thank you for correcting me. The question remains if you support concern trolling over sin taxes, a type of Pigovian taxes as a means to thwart progress. Or maybe pedantry is its own reward.
- yellowapple 4y ago> For future, I'll write "sin taxes, a type of Pigovian taxes". Then you would still be incorrect, because - as explained above - sin taxes are not a "type of" Pigovian tax, but something entirely different. They might have similar motivations, but they are applied very differently and have very different socioeconomic effects. > The question remains if you support concern trolling over sin taxes, a type of Pigovian taxes as a means to thwart progress. The answer remains that sin taxes - unlike Pigovian taxes - do not result in progress, therefore leaving nothing to "thwart". But hey, maybe unwarranted condescension and confident incorrectness are, like pedantry, their own reward.