Download or read book Recycling Energy Tax Revenues written by United States. Congress. Senate. Committee on Finance. Subcommittee on Administration of the Internal Revenue Code and published by . This book was released on 1977 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recycling Energy Tax Revenues written by United States. Congress. Senate. Committee on Finance. Subcommittee on Administration of the Internal Revenue Code and published by . This book was released on 1977 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Recycling Energy Tax Revenues written by United States. Congress. Senate. Committee on Finance. Subcommittee on Administration of the Internal Revenue Code and published by . This book was released on 1977 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Hearings on administrative problems involved in recycling energy tax revenues. To fully understand the problems involved and to put such issues in proper prospective, we have asked a group of distinguished economists to present us with their views regarding our energy crisis and the ways in which they suggest we moderate the economic disruption which may occur in connection with implementing short- and long-term solutions to this energy problem. We have been told that our energy problem is a hydra-headed monster. We have been told that we have finite energy reserves. We have been told that to encourage expanded exploration and development of our limited reserves and to promote conservation of existing supplies, higher prices are necessary. We are also told that our dependence on foreign sources of energy places us in an extremely vulnerable position. Finally, we are faced with a variety of environmental concerns associated with the production, processing and use of energy supplies"--Page 1.
Download or read book The Role of Revenue Recycling Schemes in Environmental Tax Selection written by Govinda R. Timilsina and published by World Bank Publications. This book was released on 2007 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This study examines the roles of revenue recycling schemes for the selection of alternative tax instruments (i.e., carbon-, sulphur-, energy- and output-tax) to reduce CO2 emissions to a specified level in Thailand. A static, single period, multi-sectoral computable general equilibrium (CGE) model of the Thai economy has been developed for this purpose. This study finds that the selection of a tax instrument to reduce CO2 emissions would be significantly influenced by the scheme to recycle the tax revenue to the economy. If the tax revenue is recycled to finance cuts in the existing labour or indirect tax rates, carbon tax would be more efficient than the sulphur-, energy- and output-taxes to reduce CO2 emissions. On the other hand, if the tax revenue is recycled to households through a lump-sum transfer, sulphur and carbon taxes would be more efficient than energy and output taxes. The ranking between the sulphur and carbon taxes under the lump sum transfer scheme depends on substitution possibility of fossil fuels. Sulphur tax is found superior over carbon tax at the higher substitution possibility between fossil fuels; the reverse is found true at the lower substitution possibility. In all schemes of revenue recycling considered, the output tax is found to be the most costly (i.e., in welfare terms) despite the fact that it generates two to three times higher revenue than the other tax instruments.
Download or read book The Role of Revenue Recycling Schemes in Environmental Tax Selection written by Govinda R. Timilsina and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the roles of revenue recycling schemes for the selection of alternative tax instruments (i.e., carbon-, sulphur-, energy- and output-tax) to reduce CO2 emissions to a specified level in Thailand. A static, single period, multi-sectoral computable general equilibrium (CGE) model of the Thai economy has been developed for this purpose. This study finds that the selection of a tax instrument to reduce CO2 emissions would be significantly influenced by the scheme to recycle the tax revenue to the economy. If the tax revenue is recycled to finance cuts in the existing labour or indirect tax rates, carbon tax would be more efficient than the sulphur-, energy- and output-taxes to reduce CO2 emissions. On the other hand, if the tax revenue is recycled to households through a lump-sum transfer, sulphur and carbon taxes would be more efficient than energy and output taxes. The ranking between the sulphur and carbon taxes under the lump sum transfer scheme depends on substitution possibility of fossil fuels. Sulphur tax is found superior over carbon tax at the higher substitution possibility between fossil fuels; the reverse is found true at the lower substitution possibility. In all schemes of revenue recycling considered, the output tax is found to be the most costly (i.e., in welfare terms) despite the fact that it generates two to three times higher revenue than the other tax instruments.
Download or read book Economic Case for Recycling Carbon Tax Revenues Into Energy Efficiency written by Prashant Vaze and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy Taxation written by United States. Congress. Joint Committee on Internal Revenue Taxation and published by . This book was released on 1974 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Analysis of Energy Supply Conservation and Conversion House Bill H R 6860 and Possible Alternatives Business Use Tax Tax Treatment of Railroads Home Insulation Etc written by United States. Congress. Joint Committee on Internal Revenue Taxation and published by . This book was released on 1975 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis, prepared by Joint Committee on Internal Revenue Taxation staff, of approach taken in H.R. 6860 to provide tax incentives for energy conservation and efficient utilization by railroads, industry, and homeowners. Compares House bill with present law, and with alternative proposals.
Download or read book Recycling Energy Taxes Impacts on a Disaggregated Labour Market written by Francesco Bosello and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the costs and benefits of a fiscal reform designed to simultaneously increase environmental quality and employment. The investigation is carried out using an econometric general equilibrium model in which the labour market is unionised and segmented, i.e. in which demand, supply and the wages formation process for skilled and unskilled workers are explicitly modelled. This allows us to simulate the implementation in European countries of a harmonised carbon tax whose fiscal revenue in each country is re-cycled to reduce the gross wages of unskilled workers only rather than those of the whole labour force. This paper describes first the theoretical features of the segmented labour market which have been developed and then shows the estimates of the labour market equations. The effects of the double-dividend policy reform previously described are analysed and then compared with those of the traditional and simpler environmental fiscal reform in which the fiscal revenue is used to reduce the gross wages of all workers. We will show that (i) the "green" fiscal reform is more effective, in terms of employment gains, when the fiscal revenue is used to reduce gross wages of all employed workers as a mild substitutability relationship among skilled and unskilled workers is identified, (ii) the employment dividend increases when the tax reform is carried out in a co-operative way i.e. equalising through international co-operation its marginal benefits and costs among countries, (iii) if an "employment double dividend" is feasible in the short-run, a trade-off employment/environment remains in the longer term.
Download or read book The Economics of Energy Efficiency written by Steve Sorrell and published by Edward Elgar Publishing. This book was released on 2004 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines energy management practices within a wide range of public and private sector organisations.
Download or read book Are Tax Revenue Recycling Schemes Based on Industry Differentiated Carbon Tax Conducive to Realizing the Double Dividend written by Na Liu and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax revenue recycling schemes are key to realizing the "double dividend" of the carbon tax. However, few researchers have analyzed the policy effect of tax revenue recycling schemes dynamically from the perspective of an industry-differentiated carbon tax. This paper investigates the economic and environmental impacts of carbon tax revenue recycling schemes based on industry-differentiated carbon taxes, by adding a module of industry-differentiated carbon taxes to a dynamic computable general equilibrium model. The results show that: Carbon tax revenue recycling schemes can effectively mitigate the negative impact of the industry-differentiated carbon tax on macroeconomy and industry output. Indirect carbon tax recovery measures are more beneficial to reduce the loss of GDP than direct recycling, while corporate income tax reduction is the best option to mitigate the reduction of total social investment. In terms of emission reduction benefits, the reduction of corporate income tax and subsidies for the renewable energy industry will generally have a better performance in terms of emission reduction. However, the formulation of differentiated carbon tax revenue recycling schemes should be based on the characteristics of each industry, as an inappropriate formulation may even hinder the emission reduction effect.
Download or read book Feasibility of Tax Incentives for Purchases of Recycling Equipment Or Recycled Products written by and published by . This book was released on 1987 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Member Proposals on Energy Tax Incentives written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 2009 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Revenue Recycling Schemes in Environmental Tax Selection written by Govinda R. Timilsina and published by World Bank Publications. This book was released on 2012 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the roles of revenue recycling schemes for the selection of alternative tax instruments (i.e., carbon-, sulphur-, energy- and output-tax) to reduce CO2 emissions to a specified level in Thailand. A static, single period, multi-sectoral computable general equilibrium (CGE) model of the Thai economy has been developed for this purpose. This study finds that the selection of a tax instrument to reduce CO2 emissions would be significantly influenced by the scheme to recycle the tax revenue to the economy. If the tax revenue is recycled to finance cuts in the existing labour or indirect tax rates, carbon tax would be more efficient than the sulphur-, energy- and output-taxes to reduce CO2 emissions. On the other hand, if the tax revenue is recycled to households through a lump-sum transfer, sulphur and carbon taxes would be more efficient than energy and output taxes. The ranking between the sulphur and carbon taxes under the lump sum transfer scheme depends on substitution possibility of fossil fuels. Sulphur tax is found superior over carbon tax at the higher substitution possibility between fossil fuels; the reverse is found true at the lower substitution possibility. In all schemes of revenue recycling considered, the output tax is found to be the most costly (i.e., in welfare terms) despite the fact that it generates two to three times higher revenue than the other tax instruments.
Download or read book Standby Revenue Recycling Authority to Deal with Petroleum Supply Disruptions written by United States. Congress. Senate. Committee on Finance. Subcommittee on Energy and Agricultural Taxation and published by . This book was released on 1982 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Waste Not Work written by M. Jeff Hamond and published by . This book was released on 1997 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Energy Taxation written by National Research Council (U.S.). Committee on Energy Taxation and published by . This book was released on 1980 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:
