A pigovian tax could be levied on items such as soda, which could lower the consumption of the unhealthy product as well as raise money for schools. “The people who support them most voraciously are ...
Punning aside, a Pigovian tax is not a tax on pigs. Rather, it is a tax on the society-wide or “external” costs of undesirable activities. Such taxes were described by British economist Arthur Pigou ...
Nothing’s certain but death and taxes. If you live in America, there are even taxes on the things that can kill you. If you drink or smoke, you’ve noticed the sin tax in your favorite vice’s shelf ...
A closer look at food science reveals that a tax on sugary drinks (such as soda, sports drinks, and tea), a policy being pondered by voters in the San Francisco Bay area, is deeply misguided. We get ...