What does ecotax mean?

Definitions for ecotax
eco·tax

This dictionary definitions page includes all the possible meanings, example usage and translations of the word ecotax.


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Wiktionary

  1. ecotaxnoun

    green tax

Wikipedia

  1. ecotax

    An environmental tax, ecotax (short for ecological taxation), or green tax is a tax levied on activities which are considered to be harmful to the environment and is intended to promote environmentally friendly activities via economic incentives. A notable example is carbon tax. Such a policy can complement or avert the need for regulatory (command and control) approaches. Often, an ecotax policy proposal may attempt to maintain overall tax revenue by proportionately reducing other taxes (e.g. taxes on human labor and renewable resources); such proposals are known as a green tax shift towards ecological taxation. Ecotaxes address the failure of free markets to consider environmental impacts.Ecotaxes are examples of Pigouvian taxes, which are taxes that attempt to make the private parties involved feel the social burden of their actions. An example might be philosopher Thomas Pogge's proposed Global Resources Dividend.

Wikidata

  1. Ecotax

    Ecotax refers to taxes intended to promote ecologically sustainable activities via economic incentives. Such a policy can complement or avert the need for regulatory approaches. Often, an ecotax policy proposal may attempt to maintain overall tax revenue by proportionately reducing other taxes; such proposals are known as a green tax shift towards ecological taxation. Ecotaxes are examples of pigovian taxes, which are taxes that attempt to make the private parties involved feel the social burden of their actions. An example might be philosopher Thomas Pogge's proposed Global Resources Dividend.

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Numerology

  1. Chaldean Numerology

    The numerical value of ecotax in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of ecotax in Pythagorean Numerology is: 5

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"ecotax." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/ecotax>.

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