Tuesday, October 03, 2006

An idea whose time has come?

A while ago, I posted a comment about a fantastic tax proposal made by the Bishop of Liverpool on Radio 4's "Thought for the Day". The gist of it was, rather than taxing work, why not tax use of non-renewable resources so that the economy uses them as efficiently as possible?

Well, a couple of months ago, the Lib Dems announced a policy of cutting income tax and replacing it with some kind of green tax. And this morning, George Osborne, shadow chancellor (Conservative), said that his party were committed to shifting the burden of taxation from "businesses, families, and investment" on to polluters.

An idea whose time has come? It can only be a matter of time before the government follows suit. How about it, Gordon Brown?


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