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Desmond M

InsideHalton Article: BurlingtonGreen salutes Post for series - 0 views

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    This is an example of an excise tax because it is a tax on products that aren't environmentally friendly and the article mentions that there is political pressure to put the ecotax "on the shelf" so consumers can make better decisions. 
Adam C

Hawaii Tax Revenues up 8 Percent - 0 views

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    This article discusses the excise taxes in Hawaii and how the revenues have risen over 8 percent in recent times! Although the article did not describe exactly why this has occurred, however the most accurate predictions would that the increase in revenue would be due to increased taxes on inelastic items, for example, gasoline, etc. This not only ensures that the demand is unchanged, but also ensures that all other factors stay the same. Another reason why the revenues have increased could be that the taxes did not increase, however the population grew.
Tim O

MP's urge ministers to scrap a planned rise in fuel duty tax - 0 views

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    Hello, In this video it talks about how the fuel prices have tripled over the last 20 years. It says that most of it has come from taxation and how in January the tax will increase by 3p a liter. This will translate that the average price will in by $1.50, however, if the government decided not in impose the tax then they would lose out of $1.5 billion of much needed revenue. Today, people spend a lot of their income on fuel and for people who own their own businesses they need have as much burden as possible because they will lose their demand. All in all, the government can keep the drivers and motorists happy by not increasing the tax or increase there revenue to help themselves out of the European economic crisis. From Tim
Lola Z

District is going green with buses - USATODAY.com - 0 views

    • Lola Z
       
      As the propane buses are more environmentally friendly, government encourages the purchase of these buses by granting tax credits.
  • "You don't have the emission issues, and that was very, very attractive," Latko said.
  • The federal government offers a 50-cent excise tax credit for alternative fuels that include compressed natural gas and propane. The incentive makes the cost of propane about $1.40 a gallon, at a time when gas and diesel often cost over $3.
    • Lola Z
       
      The grant from government helps to lower the prices for gas and propane. So more consumers are attracted to use this kind of fuel, and thus, the complement, propane buses.
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  • low cost
    • Lola Z
       
      Due to the subsidy from government
  • Government tax credits have added to the economic feasibility of propane buses
Lola Z

When is a carbon tax an economic reform? Good question. - The Drum Opinion (Australian ... - 0 views

  • winners and losers in the global green economy.
    • Lola Z
       
      There is also negative externalities of green economies. The possible higher cost will probably cause firms to reject the method and this will lead to a negative economy.
  • what are the implications for the economy of government attempts to curb the growth of carbon dioxide emissions?
  • carbon tax
    • Lola Z
       
      Because of the negative externalities of carbon emission, a carbon tax is in place as an incentive for firms to reduce carbon emission, hence, negative externalities.
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  • excise tax on cigarettes or alcohol.
  • Simply imposing a tax on the production of local emissions will not necessarily affect the extent of these externalities because production can move to another country.
    • Lola Z
       
      This is a very critical point. Because the externalities are worldwide, the actions should be taken worldwide too.
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