3 ms·
How about an externality tax? Anything that hurts anyone else, even via causing jealousy, gets taxed as appropriate for the size of the externality.
by msellout 14y ago
How about an externality tax? Anything that hurts anyone else, even via causing jealousy, gets taxed as appropriate for the size of the externality.
- scarmig 14y agoTaxing externalities is, of course, a good idea, and key to any functioning system of property rights. I don't believe they should be used for revenues, because once you do that, it misplaces the incentive: now the government makes more revenue per unit externality. So I favor a flat rebate for all externality taxes.