Where has all the eco-friendly tax income gone?
As the G8 summit in Italy continues to grab the headlines for all of the wrong reasons it seems that the billions upon billions of pounds of eco-friendly taxes collected by the likes of the UK government have apparently disappeared with no visible impact on the environment.
Amid more and more hot air rising from the G8 summit, where the likes of Barack Obama and Gordon Brown are present, we seem to be going over the same ground over and over again while the ice caps melt, the temperature of the ocean rises and an ecological disaster appears to be heading our way. Despite the fact that governments around the world promised so much and delivered so little there is no recourse to find out exactly how eco-taxes have been spent and whether they are in fact being spent in the correct areas.
The environment has been used as an excuse for many governments around the world, with the UK government in the top league, to raise significant taxes from taxpayers time and time again. There is a feeling of, do as I say not as I do, with regards to government eco-policies with taxpayers as ever footing the bill. Surely now is the time to demand to know exactly where the eco-taxes are being directed and how they are being squandered?
Share this..
Related stories
Can we kiss goodbye to final salary pension schemes in the private sector?
The news that the top companies in the UK have combined pension fund deficits in excess of £100 billion due to the fall in share prices, property values and income, we may be on the verge of kissing goodbye to final salary pension schemes. The situation has worsened significantly over the last 12 months and has also shown the fragility associated with pension fund investments in stock markets. Th...
Read MoreBudget 2010: How will the government finance the 2010/11 budget?
The press today is obviously full of information on the budget and how this will impact businesses and consumers in the UK although there is also interesting information about the make-up of the UK budget for 2010/11. So where will the £704 billion needed for government spending come from? By far and away the largest income stream will be income tax which will bring in £146 billion, national...
Read MoreNorthern Rock forced to pay 43,000 customers compensation
11/12/2014 Former high street bank Northern Rock has been ordered to pay 43,000 borrowers compensation over misleading wording of past loan documents. A High Court ruling confirmed that Northern Rock Asset Management (NRAM), the nationalised remains of Northern Rock PLC, will have to pay £261 million to previous customers. The ruling relates to the banks “Together Mortgage”, which all...
Read MoreOne in five identity theft victims remain out of pocket
Despite the fact that the UK banking code makes clear that anybody who is a victim of identity fraud should get their money back, unless it can be proven they acted fraudulently or with undue care, it appears that one in five identity theft victims in the UK are not reimbursed in full by the relevant financial institutions.
Identity theft is becoming more and more of a problem in th...
Should your mortgage lender help you in times of trouble?
Confirmation that those who have fallen behind with their mortgage are receiving charges of £35 per letter and £150 per visit by a debt counsellor, have hit the headlines today. While it would be wrong to suggest that all mortgage lenders in the UK are charging such fees, they are definitely becoming more commonplace. So should your mortgage or remortgage lender help you in times of trouble?