It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The Global Warming Tax Scam Kicks In
Fresh studies, polls conclude climate change being used as revenue raising tactic
Tuesday, September 4, 2007
The British government is raising almost double the revenue in so called "green taxes" that it needs to offset the social cost of CO2 emissions according to a new report. An accompanying opinion poll also reveals that nearly two-thirds of people think politicians are using the green issue as an excuse to tax more.
The conclusion of a report by the TaxPayer's Alliance watchdog, states that "In many cases, individual green taxes and charges are failing to meet their objectives, are set at a level in excess of that needed to meet the social cost of CO2 emissions, and are causing serious harm to areas of the country and industries least able to cope."
The study found that the social cost of Britain’s entire output of CO2 was £11.7 billion in 2005 but in the same year, the total net burden of green taxes and charges was £21.9 billion. Meaning that even two years ago taxes were £10.2 billion in excess of the level agreed to meet the Britain’s CO2 emissions. The Alliance calculates this excess is equivalent to over £400 for each household in Britain.
"We need more honesty about the costs of extra green taxes when British taxpayers already pay some of the highest pollution charges in the world," said Matthew Elliott of the TaxPayers' Alliance.