3 ms·
Untaxed externalities are very different from subsidies. We do not generally tax externalities. I live in the UK where we pay heavy taxes on fuel and we pay hi
by graemep 7mo ago
Untaxed externalities are very different from subsidies. We do not generally tax externalities.
I live in the UK where we pay heavy taxes on fuel and we pay higher taxes on vehicles with higher CO2 emissions.
- bzzzt 6mo agoThey are not so different: it's the same private/public money dynamic but money flowing in different ways. For consumers it doesn't really matter if it's a tax or 'mandatory levy'. For instance: in the EU it's mandatory to pay for disposal of consumer goods, which is priced in with every purchase. That's as close as a 'disposal tax' as you can get.