Green tax mulled to help fight pollution
Updated: 2013-03-23 09:29
By Zheng Yangpeng (China Daily)
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Yuan Qingdan, vice-director of the Policy Research Center for Environment and Economy under the Ministry of Environmental Protection, suggested that disposable plastic bags and lead-acid batteries should be subject to consumption tax.
A 5 percent consumption tax is currently levied on disposable chopsticks and solid-wood floors.
Yuan said fertilizers and pesticides, whose prices fall as their use increases, should be subject to consumption tax.
Ni said whether a rise in tax leads to price increases depends on "elasticity" in product prices.
"For example, cigarettes are a daily necessity for smokers. So a tax increase means smokers will pay more for cigarettes if they don't quit, and this is good.
"And if a tax increase on high-end watches raises their price, fewer people might buy them. This is good for reducing extravagance."
zhengyangpeng@chinadaily.com.cn
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