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About Environmental Fiscal Reform
This document discusses the potential for environmental fiscal reform (EFR) in Italy. EFR involves shifting tax revenue sources from labor and capital to resource use and pollution through measures like environmentally-related taxes, full-cost user charges, emissions trading schemes, and phasing out environmentally harmful subsidies. EFR has been shown to deliver economic, environmental, and social benefits in other European countries by reducing pressure on labor taxes. The document estimates that EFR could raise environmentally-related tax revenues in Italy to 10-11% of total tax revenues by 2015, up from 6% currently. Revenues could be used to reduce budget deficits, labor taxes, and compensate vulnerable groups, while stimulating eco-innovation.
Detailed Information
| Author: | ['julyan643'] |
|---|---|
| Publication Year: | 2016 |
| Pages: | 11 |
| Language: | English |
| Format: | |
| Price: | FREE |
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