Re:U.S. Oil Production Is 23 Years Ahead of Schedule
by princeb on Thursday January 24, 2019 @10:03PM
(#18995186)
one benefit of pigovian taxes is increased revenue to ameliorate the externality, but it's not the main goal of the tax. the cost itself reduces demand to the socially optimal level. the government could well burn the tax revenue (or in this case, recycle the paper) and still achieve the objectives of the tax.
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