Promoting equity

Promoting equity

We have already looked at the macroeconomic objective of promoting equity, why we have it and how we measure it.  It is also important for us to look at the different measures we can use in order to promote equity.  The areas we focus upon are the use of transfer payments and differing taxation systems.  We …

A carbon tax in France

A carbon tax in France

The French government for a while was considering the introduction of a ‘carbon tax’ as a method to reduce pollution (a negative externality).  It would now appear that this will not go ahead, with one reason being given that it would need to be an EU tax, otherwise French industry would experience higher costs while …