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    3. Double Dividend: Environmental Taxes and Fiscal Reform in the United States

    Double Dividend: Environmental Taxes and Fiscal Reform in the United States

    Posted By: arundhati
    Date: 31 Jan 2024 04:18:10
    Double Dividend: Environmental Taxes and Fiscal Reform in the United States

    Dale W. Jorgenson, "Double Dividend: Environmental Taxes and Fiscal Reform in the United States "
    English | ISBN: 0262027097 | 2014 | 606 pages | PDF | 20 MB

    A rigorous and innovative approach for integrating environmental policies and fiscal reform for the U.S. economy.
    Energy utilization, especially from fossil fuels, creates hidden costs in the form of pollution and environmental damages. The costs are well documented but are hidden in the sense that they occur outside the market, are not reflected in market prices, and are not taken into account by energy users. Double Dividend presents a novel method for designing environmental taxes that correct market prices so that they reflect the true cost of energy. The resulting revenue can be used in reducing the burden of the overall tax system and improving the performance of the economy, creating the double dividend of the title.
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