Europe

8484 readers

1 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

Be nice to each other (e.g. No direct insults against each other);
No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
No posts linking to mis-information funded by foreign states or billionaires.

Also check out !yurop@lemm.ee

founded 1 year ago

MODERATORS

poVoq@slrpnk.net

115

European Citizens' Initiative: Taxing great wealth to finance the ecological and social transition (citizens-initiative.europa.eu)

submitted 1 year ago by tomasz@lemmy.ml to c/europe@feddit.de

4 comments fedilink hide all child comments

top 4 comments

sorted by: hot top controversial new old

[–] frostbiker@lemmy.ca 4 points 1 year ago (1 children)

I skimmed through the page and the linked website, but I couldn't find any specific amounts. How much do they want to tax, and whom?

The proposal handwaves that the 1% are responsible for a large percentage of global warming emissions. But if that is the problem, why not tax those emissions directly?

[–] vzq@lemmy.blahaj.zone 4 points 1 year ago* (last edited 1 year ago) (1 children)

Emissions are hard to track. We all know the answer is to tax fossil product extraction and import, with the idea that all fossile materials are bought to be burned or made into other things that are eventually burned.

Unsurprisingly the lobby groups hate that.

[–] frostbiker@lemmy.ca 3 points 1 year ago* (last edited 1 year ago) (1 children)

Canada has implemented a carbon tax. Maybe I've been living under a rock, but I haven't heard of it being particularly difficult to implement. As I understand it, the tax is implemented at the source, and then made revenue neutral by redistributing the revenue equally to all taxpayers.

If you burn more carbon, you pay more. If you are efficient, you get more money back than you paid in taxes.

[–] vzq@lemmy.blahaj.zone 1 points 1 year ago

I’ve heard good things. Also quite a bit of FUD. That means it’s working ;)