Environmental taxes tend to be regressive because... only income taxes can be progressive. O they impose a greater tax burden on the rich than the poor. O the poor spend a higher percentage of their income on goods with negative externalities O they decrease social welfare. they internalize externalities.

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
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Question 24
Environmental taxes tend to be regressive because...
O only income taxes can be progressive.
O they impose a greater tax burden on the rich than the poor.
O the poor spend a higher percentage of their income on goods with negative externalities
O they decrease social welfare.
they internalize externalities.
Transcribed Image Text:Incorrect Question 24 Environmental taxes tend to be regressive because... O only income taxes can be progressive. O they impose a greater tax burden on the rich than the poor. O the poor spend a higher percentage of their income on goods with negative externalities O they decrease social welfare. they internalize externalities.
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