Crafting Tax Frameworks and Implications for Economic Stability and Environmental Sustainability

Abstract

This paper examines the intricate relationship between tax policies, economic dynamics, and environmental outcomes. It explores how crafting tax frameworks can serve as a powerful tool to promote both economic stability and environmental sustainability. This paper examines the intricate relationship between tax policies, economic dynamics, and environmental outcomes. It explores how crafting tax frameworks can serve as a powerful tool to promote both economic stability and environmental sustainability. Furthermore, the paper examines the importance of tax revenue allocation in achieving environmental sustainability goals. It discusses the potential for earmarking tax revenues for environmental protection, renewable energy investments, and conservation efforts. Additionally, it highlights the role of international cooperation and coordination in addressing global environmental challenges through tax policy harmonization and coordination.