Land value tax
From The Art and Popular Culture Encyclopedia
|
Related e |
|
Featured: |
A Pigovian tax (also spelled Pigouvian tax) is a tax levied on any market activity that generates negative externalities (costs not internalized in the market price). The tax is intended to correct an inefficient market outcome, and does so by being set equal to the social cost of the negative externalities. In the presence of negative externalities, the social cost of a market activity is not covered by the private cost of the activity. In such a case, the market outcome is not efficient and may lead to over-consumption of the product.
See also
- Carbon tax
- Carbon trading
- Container deposit legislation
- Deposit-refund system
- Ecotax
- Fat tax
- Georgism and geolibertarianism
- Land value tax
- Pigou Club (also called "UDAY" parties in Asia)
- Priority Sector Lending Certificates
- Polluter pays principle
- Sin tax
- Social cost
- Soda tax
- Tax choice
Unless indicated otherwise, the text in this article is either based on Wikipedia article "Land value tax" or another language Wikipedia page thereof used under the terms of the GNU Free Documentation License; or on research by Jahsonic and friends. See Art and Popular Culture's copyright notice.
