PugJesus@lemmy.worldM to HistoryPorn@lemmy.worldEnglish · 2 days agoMonthly ration in Poland, early 1980slemmy.worldimagemessage-square201fedilinkarrow-up1549arrow-down16
arrow-up1543arrow-down1imageMonthly ration in Poland, early 1980slemmy.worldPugJesus@lemmy.worldM to HistoryPorn@lemmy.worldEnglish · 2 days agomessage-square201fedilink
minus-squareexplodiclelinkfedilinkEnglisharrow-up2·4 hours agoPigouvian taxes are a traditional solution to negative externalities, and they are often better received by the public than rationing. It’s expensive to be poor - the lights turning off a few days before the end of the month will incur even more costs than a higher electricity bill. Taxes raise money for other programs, instead of costing money to enforce rationing. Higher taxes in general will also help reduce inflation. Tax revenue can be spent on stimulus checks to offset the cost for people who use less energy than average.
Pigouvian taxes are a traditional solution to negative externalities, and they are often better received by the public than rationing.
It’s expensive to be poor - the lights turning off a few days before the end of the month will incur even more costs than a higher electricity bill.
Taxes raise money for other programs, instead of costing money to enforce rationing.
Higher taxes in general will also help reduce inflation.
Tax revenue can be spent on stimulus checks to offset the cost for people who use less energy than average.