Do we need ramsey taxation? Our existing taxes are largely corrective

• Main Authors: Yan, Eric, Feng, Qu, Ng, Yew-Kwang
• Other Authors: School of Social Sciences
• Format: Article
• Language: English
• Published: 2022
• Subjects: Social sciences::Economic development; Corrective Taxation; Environmental Disruption
• Online Access: https://hdl.handle.net/10356/155141
• Institution: Nanyang Technological University

Due to the importance of environmental disruption (both in production and consumption), relative competition between individuals (including conspicuous consumption and keeping up with the Joneses), the diamond effect, excessive consumerism or the materialist bias, most taxes in most countries, thoug...