Then Green Tax Con...
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Then Green Tax Con...
The 'green tax con' that is costing families £500 as finances are under strain
By Kirsty Walker
Last updated at 1:08 AM on 15th August 2011
No respite: The Government will continue to raise green taxes
No respite: The Government will continue to raise green taxes
Every household is paying £500 more than they should in green taxes, researchers claim.
Their figures show that environmental taxes hit £41billion last year as family finances came under great strain.
They say ministers are using the levies as an excuse to take more money from the taxpayer.
In a hard-hitting book called Let them eat carbon, Matthew Sinclair argues that environmental levies are excessive compared with the harms they are meant to address.
The director of the TaxPayers’ Alliance found that after road levies (£9.2billion) and Air Passenger Duty (£2.1billion) are taken out of the equation, total domestic green taxes were £30billion last year.
Yet according to the Department of Energy and Climate Change, the social cost of greenhouse emissions was £16.9billion.
This means that around £13billion in excess green levies were levied on taxpayers – the equivalent of £500 a family.
More...
Green taxes to pay subsidies 'will cost up to 30,000 jobs'
Hidden green tax in fuel bills: How £200 stealth charge is slipped on to your gas and electricity bill
Mr Sinclair warned that this figure was likely to be too low because the Government estimate of the social cost per ton of carbon dioxide is itself considered too high.
Mr Sinclair said environmental levies represented a critical new threat to family finances.
Read more: http://www.dailymail.co.uk/news/article-2026006/The-green-tax-costing-families-500-finances-strain.html#ixzz1V5SwIaDf
By Kirsty Walker
Last updated at 1:08 AM on 15th August 2011
No respite: The Government will continue to raise green taxes
No respite: The Government will continue to raise green taxes
Every household is paying £500 more than they should in green taxes, researchers claim.
Their figures show that environmental taxes hit £41billion last year as family finances came under great strain.
They say ministers are using the levies as an excuse to take more money from the taxpayer.
In a hard-hitting book called Let them eat carbon, Matthew Sinclair argues that environmental levies are excessive compared with the harms they are meant to address.
The director of the TaxPayers’ Alliance found that after road levies (£9.2billion) and Air Passenger Duty (£2.1billion) are taken out of the equation, total domestic green taxes were £30billion last year.
Yet according to the Department of Energy and Climate Change, the social cost of greenhouse emissions was £16.9billion.
This means that around £13billion in excess green levies were levied on taxpayers – the equivalent of £500 a family.
More...
Green taxes to pay subsidies 'will cost up to 30,000 jobs'
Hidden green tax in fuel bills: How £200 stealth charge is slipped on to your gas and electricity bill
Mr Sinclair warned that this figure was likely to be too low because the Government estimate of the social cost per ton of carbon dioxide is itself considered too high.
Mr Sinclair said environmental levies represented a critical new threat to family finances.
Read more: http://www.dailymail.co.uk/news/article-2026006/The-green-tax-costing-families-500-finances-strain.html#ixzz1V5SwIaDf
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