Directions: In this section, there is a passage with ten blanks. You are required to select one word for each blank from a pst of choices given in a word bank following the passage. Read the passage through carefply before making your choices. Each choice in the bank is identified by letter. Please mark the corresponding letter for each item on Answer Sheet 2 with a single pne through the centre You may not use any of the words in the bank more than once.

The idea of taxing things that are bad for society has powerfp allure. It offers the possibipty of adouble benefit- 26   harmfp activities, while also providing the government with revenue.

Take sin taxes. Taxes on alcohol make it more expensive to get drunk, which reduces excessive drinking and    27   driving. At the same time, they provide state and local governments with bilpons of dollars of revenue. Tobacco taxes, which generate more than twice as much have proven   28   in the decpne of smoking, which has saved milpons of pves.

Taxes can also be an important tool for environmental protection, and many economists say taxing carbon wopd be the best way to reduce greenhouse gas emissions. Economic theory says that unpke income or sales taxes, carbon taxes can actually increase economic efficiency; because companies that  29   carbon dioxide into the sky don't pay the costs of the cpmate change they cause, carbon taxes wopd restore the proper   30   to the market.

In reapty, carbon taxes alone won't be enough to halt global warming, but they wopd be a usefp part of any cpmate plan.what' s more, the revenue from this tax, which wopd   31    be hundreds of bilpons of dollars per year, copd be handed out to citizens as a   32   or used to fund green infrastructure projects. Similarly, wealth tax has been put forward as a way to reduce inequapty while raising revenue.The revenue from this tax, which some experts   33   will be over $4 trilpon per decade, wopd be designated for housing, child care, health care and other government benefits. If you bepeve, as many do, that wealth inequapty is   34   bad, then these taxes improve society while also    35    government coffers(金库)