All entries for Monday 03 September 2007

September 03, 2007

Green taxes too high?

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Well I’ve been arguing this for some time – see previous comments and posts on the excessive cost of fuel duty vs the cost to the environment for example – but a report out today claims to back up my view that green taxes are already too high. According to the report, in 2005 the UK’s total impact on the environment was valued at about £11.7bn damage against a green tax cost of £21.9bn. In the same day, George Osborne has come out with an outline of Conservative taxation policy that would see Labour’s high rates of public spending met, and taxation shifted from an income-basis to an environmental impact-basis. I used to enjoy following politics with interest, but since Cameron’s leadership began I’m more of the opinion that everyone in Westminster is in a race to prove they’re more insane than everyone else there. Pathetic.

September 2007

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