Critics of the U.S. tax system argue that it harms incentives to work, save, and innovate and

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Critics of the U.S. tax system argue that it harms incentives to work, save, and innovate and therefore reduces long-run economic growth. Can you see why "green taxes" might promote economic efficiency and economic growth? Consider, for example, taxes on sulfur or carbon-dioxide emissions or on leaky oil tankers. Construct a list of taxes that you think would increase efficiency, and compare their effects with the effects of taxes on labor or capital income.
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Economics

ISBN: ?978-0073511290

19th edition

Authors: Paul A. Samuelson, William Nordhaus

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