What does the report mean by the burden of the tax

Reference no: EM131021429

According to a Congressional Budget Office report, the burden of a carbon tax would fall isproportionately on low-income households.

a. What does the report mean by the "burden" of the tax?

b. Why would the burden of a carbon tax fall disproportionately on low-income households? What actions might the government take to reduce the burden on these households?

Source: Congressional Budget Office, "Effects of a Carbon Tax on the Economy and the Environment," May 2013, p. 8.

Reference no: EM131021429

Questions Cloud

Design and implement an android application : Design and implement an Android application - Supporting different languages or different screen orientations (landscape and portrait) or different devices

Describe the government budget balance for given economy : Suppose you know that in this economy government spending is constant (autonomous) and equal to $30 million, investment spending is constant (autonomous) and equal to $40 million, and net exports are constant (autonomous) and equal to -$5 million...

Intervals for the proportion of motors : Calculate 95% confidence intervals for the proportion of motors that passed the test for each supplier and for the difference in the two proportions. Interpret the results carefully in terms of the reliability of the two suppliers.

Which of the following is not a general category of torts : Which of the following promises ordinarily need not be in writing to be enforceable?

What does the report mean by the burden of the tax : According to a Congressional Budget Office report, the burden of a carbon tax would fall isproportionately on low-income households. What does the report mean by the "burden" of the tax?

Pollen diagrams from dubh lochan : Pollen Diagrams from Dubh Lochan - Show the features of the vegetational history revealed by study of two sets of cores from Dubh Lochan

Discuss methods of measuring intellectual functioning : Provide a brief overview of at least two theories of intelligence related to the content of your selected articles to help your audience understand what intelligence testing accomplishes.

Why carbon tax cheaper way to reduce carbon dioxide emission : According to an article in the New York Times: "Top economists agree a tax on fuels and the carbon they spew into the atmosphere would be the cheapest way to combat climate change." Why would a carbon tax be a cheaper way to reduce carbon dioxide ..

Find the equation that relates c and x : Projections are that 100 items will cost $10,000 to produce and that 300 items will cost $22,000 to produce. Find the equation that relates C and x.

User Account

All Pages