Wednesday, 20 June 2007
The First EU Tax - Car Emmisions?
With all the talk of red lines and resistance this week, I thought it may be of interest to you to understand where my hunch is that the EU will move first on tax harmonistaion.
The choice of a Green tax is quite obvious. The adoption of the climate change agenda is a great advance for statist undemocratic EU and will now enable it to use moral pressure to insist on member states following its guidelines.
To this end the EU has been keenly building its array of Environmental legislation. The key part of this for me is here. These are the criteria that specify frankly unrealistic reductions in light vehicle emissions starting in 2008.
The Labour Government was very enthusiastic about this and Gordon Brown adopted all of these changes in the last budget.
Already the leasing industry and wider motoring industry is preparing for the change, which massively effect the market, particularly if you have a polluting second hand vehicle to sell next year.
Why I think this will be the first EU tax is the sheer impracticality of the laws. There will not be a way to actually make this happen, so instead there will be a 'harmonisation' of taxes across the EU states on light vehicle emission. This will all be disseminated in the context of the global 'war on climate.' Also, the EU has clearly been building to this, see this link where the picture is borrowed from and the guidelines on registration. The last paragraph is a usual denial of the blindingly obvious.
That is my guess, harmonisation by the back door through regulation and using the environment as cover.
No taxation without representaion?
Posted by CityUnslicker