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Words: | Submitted: Tue Jun 20 2006
... taxes on unproductive activities such as pollution, consumption product in order to promote the tax equity (Mainewatch Institute, no date) [Online]. Most of environmental taxes are designed to meet the objective of revenue neutral to raise revenue from new, untaxed or under taxed sources thus reduce the current taxes to yield the same dollar return to the government (Mainewatch Institute, no date) [Online]. The important of revenue neutrality is to identify the political resistance to generate revenue from the overall taxes to ensure the sufficient fund for the government program (Mainewatch Institute, no date) [Online]. The good tax system is predictability and stability with the built into tax shifting plans (Mainewatch Institute, no date) [Online]. It can be very challenging to predict the expected returns from the new forms of taxation, which introduce by the government and especially in estimating how much the incentives effects is needed thus reduce the ...
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