A drawback to implementing environmental taxes and fees is that it ____.
a. helps bring about full-cost pricing
b. introduces environmentally beneficial technologies
c. is easily administered by existing tax agencies
d. penalizes low-income groups unless safety nets are provided
e. encourages businesses to develop environmentally beneficial goods

Question

06-05-2018
Business

contestada

A drawback to implementing environmental taxes and fees is that it ____.
a. helps bring about full-cost pricing
b. introduces environmentally beneficial technologies
c. is easily administered by existing tax agencies
d. penalizes low-income groups unless safety nets are provided
e. encourages businesses to develop environmentally beneficial goods

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MrsTriplet MrsTriplet · Answer 1 · 2018-05-17T19:35:36+02:00

A drawback to implementing environmental taxes and fees is that it penalizes low-income groups unless safety nets are provided. If companies and individuals are expected to pay environmental taxes and fees due to their products causing issues or if they add them to everyone, it can hurt those in the low-income bracket. Those who already have a hard time paying bills are extremely price sensitive and likely can't afford added taxes and fees to products or services.