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The United States Undertaxes Pollution

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"The United States Undertaxes Pollution"

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A new International Monetary Fund working paper finds that the United States “gets, by far, the lowest percentage of revenue from environmental taxation of any OECD country,” less than 3 percent of total revenues, well below the industrialized-country average of six percent:

From "Reforming the Tax System to Promote Environmental Objectives," IMF.

(HT: Brad Plumer)

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