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The case for green fiscal reform

publication date: Oct 28, 2009
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The Green Fiscal Commission argues that environmental taxes could be used to raise significant revenues, help the UK achieve its 2020 carbon targets and the public would accept them - provided they were used instead of, rather than on top of, other taxes.

The report advocates a green shift in taxation - one that does not mean an overall change in taxation levels, but with more emphasis on the polluter pays principle.

"Highly polluting households and businesses will see their tax bill increase where low pollution households and businesses will see their tax bill cut below what it would otherwise be," says the report.

"A number of polls show majority public support for a green tax shift, which increases when people are persuaded that the green taxes really will be instead of other taxes."

http://www.greenfiscalcommission.org.uk/images/uploads/GFC_FinalReport.pdf