Higher VAT on Meat Yields Environmental Gains With Minimal Cost to Households, Study Finds

• Raising VAT on meat would not significantly increase household costs if tax revenues are returned to consumers.
• Average annual food expenses would rise by €109 per household, but with tax returns, the net increase would be only €26.
• Higher VAT on meat would reduce environmental damage from food consumption by 3.5% to 5.7%.
• Meat production has a high environmental impact, especially due to methane emissions.
• Implementing higher VAT on meat is relatively simple compared to a differentiated CO2 tax on food.

Source: taxlive.nl

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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