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Pred and breakfast - shadows of echoes of memories of songs — LiveJournal
j4
j4
Pred and breakfast
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olithered From: olithered Date: January 10th, 2007 12:40 pm (UTC) (Link)
A smoker once told me that the tax they pay on tobacco is vastly more than their cost to the NHS.

I wonder if you could tax everything in accordance with the probable cost to society (or the environment) rather than its value?
lnr From: lnr Date: January 10th, 2007 12:51 pm (UTC) (Link)
Awww, bunny.
j4 From: j4 Date: January 10th, 2007 01:10 pm (UTC) (Link)
I wonder if you could tax everything in accordance with the probable cost to society (or the environment) rather than its value?

I like that idea. Is there a word for it?

For bonus points (this may have been implicit in your suggestion -- if so, my apologies for unnecessary subtitling!) it should be taxed according to the probable net cost to society (most things have some benefit to somebody as well).
olithered From: olithered Date: January 10th, 2007 06:03 pm (UTC) (Link)
If there is a word I'm not aware of it. Do you have any suggestions?

I like your extension (and had not thought of it), but I fear benefit is much harder to quantify than cost.
aldabra From: aldabra Date: January 10th, 2007 08:20 pm (UTC) (Link)
> Is there a word for it?

Internalising externalities?
matgb From: matgb Date: January 11th, 2007 06:35 pm (UTC) (Link)
Tax raised from smoking per annum, approx = £7.5bn Cost to NHS of smoking related illnesses (some of which are caused by, for example, car fumes anyway) approx = £2.5bn.

Ergo, as a non-smoker, I thank smokers the country over for keeping the taxes I have to pay down, and think they can have whatever they need.

A sort of tax to cover what you mean is, I think, a Pigouvian tax, but you'd need to ask someone like chris_dillow_fd for a real answer, I just read what they say...

(blame caramel_betty for my presence...)
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