A hundred years ago, British economist Arthur Cecil Pigou already predicted these excesses. In his book The Economics of Welfare , published in 1920 , he therefore proposed that the level of taxes on products and services be made dependent on social costs. In his opinion, if that were not done, an inefficient market would arise because the costs were not included in the pricing. It would lead to over-consumption of products or services that were offered too cheaply, such as plastic now.
Source: volkskrant.nl (Dutch)
Latest Posts in "World"
- AI In Tax: Common Pitfalls That Keep Projects From Taking Off
- Worldwide Upcoming E-Invoicing mandates, implementations and changes – Chronological
- Understanding VAT Implications for Borderless Workers: Key Considerations for Global Mobility
- OECD Report 2025: Tax Reforms Target Health Costs, Aging, and Sustainability with New Measures
- 7 Essential Steps for International VAT Registration and Compliance Success
