a tax levied to counter an economic negative externality, for example taxing producers of industrial pollution in order to encourage pollution control
pink taxRead more in this article about some frequently asked questions and fun facts related to our definitions.
Death & Taxes: All We Can Do Is PrepareRead more in this article about some frequently asked questions and fun facts related to our definitions.
Word Origin for Pigouvian tax
C20: named after Arthur Pigou (1877-1959), English economist
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