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ArtikelThe High Cost of Virtue; Sin Taxes  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 401 no. 8765 (Dec. 2011), page 37-38.
Topik: Taxation; Health Behavior; Fiscal Policy
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.69
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Isi artikelThe Treasury rejoices little at the health effects of virtuous living. More than half of a citizen's vice bill flows directly into government coffers. In the fiscal year 2010-11 nearly 10% of all taxes collected came from duty on alcohol, tobacco, gambling and fuel as well as from vehicle excise duty, a tax that falls most heavily on the least efficient cars. Sin taxes have a long history as a fiscal wheeze: Parliament first introduced levies on beer and meat in 1643 to finance its fight against the Crown. Levies on alcohol have persisted: tax is now around 53p on a pint of beer, Pounds 2.18 per bottle of wine and Pounds 8.54 on a bottle of whisky. Tobacco was originally taxed as an imported luxury; today, duty on cigarettes accounts for about three-quarters of the price of a packet of cigarettes. Laziness is a harder sin to target, but one weapon against it is fuel duty: 23% of car journeys are of less than two miles, so walking or cycling are reasonable alternatives for at least some trips. New year resolutions are notoriously short-lived. But the longer-run trend looks bad for the exchequer. Because many vices are in decline, so are receipts.
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