Friday, October 31, 2014
5

Умные налоги

АФИНЫ/БЕРЛИН. Правительства стран Европейского Союза и во всем мире сталкиваются с возникающей парадоксальной ситуацией наподобие «ловушки 22»: жерновами государственного долга у них на шее, требующими от них сокращения дефицита путем сокращения расходов и повышения налогов. Но это препятствует потребительским расходам, необходимым для повышения экономической активности и придания толчка к росту. Поскольку дискуссия смещается от строгой экономии к мерам, направленным на стимулирование роста, потребуется умное налогообложение для достижения правильного баланса.

Когда правительства думают над решением трудной задачи повышения налогов, они обычно думают о подоходном налоге, налогах на бизнес и налогах на добавленную стоимость (НДС). Однако есть и другие налоги, которые могут привлечь значительную сумму доходов с гораздо менее негативным воздействием на экономику. Это налоги, которые правительство уже взимает с электроэнергии и ископаемого топлива.

Такие налоги играют важную роль в сокращении выбросов парниковых газов, которые вызывают изменение климата. Но последние исследования показывают, что они также могут сыграть важную роль в повышении государственных доходов при минимальных издержках для экономического роста.

Евро за евро, доллар за доллар, иена за иену: налоги на энергию и углерод оказывают меньшее негативное воздействие на экономику страны, рабочие места и потребление, чем налоги на прибыль и НДС. Например, увеличение прямых налогов, таких как налог на прибыль, может снизить потребление в два раза сильнее, чем налоги на энергию и углерод, которые принесут ту же сумму доходов.

Поддержание потребления на таком высоком уровне, насколько это возможно, имеет важное значение для оживления экономической активности, т.е. освобождение денег для потребителей, с целью последующей их траты, не менее важно. Налоги на энергию и углерод могут повысить доходы, оставляя экономику в сильном состоянии для поддержания восстановления. Обычные налоги повышают доходы, но в процессе их изъятия они также создают риск большего угнетения роста.

Это не единственная причина, из-за которой стоит поближе рассмотреть налоги на энергию и углерод. В настоящее время основа для энергетического налогообложения, особенно в Европе, не является устойчивой. Налоговые ставки на различные виды топлива в странах ЕС различаются более чем на 50 %, создавая серьезные искажения в едином рынке. Создание единых условий в области энергетического налогообложения в ЕС гармонизирует экономические стимулы, устранит бензотуризм водителей, пересекающих границы ради более дешевого топлива, и улучшит деловой климат во всех странах Европы.

Растущие счета за энергию, обусловленные стоимостью ископаемого топлива, являются большой политической проблемой во многих странах Европы и других странах, включая Соединенные Штаты, где потребительские цены на энергоносители стали главной проблемой накануне президентских выборов этого года. Но, по сравнению с другими формами налогообложения, налогообложение энергопотребления идет на благо потребителей в целом. Выгоды от предотвращения негативного воздействия обычных налогов работают во всей экономике, в частности, поскольку наименее обеспеченные слои населения поддерживают более высокий уровень располагаемого дохода домашних хозяйств.

Большая часть налогов на энергию и углерод взимается национальными правительствами. Но в Европе есть еще один вариант повышения доходов: схема торговли разрешениями на выбросы парниковых газов Европейского Союза (ETS). С точки зрения влияния на ВВП и рабочие места издержки увеличения доходов из этого источника были бы на треть меньше, чем от повышения на ту же сумму налогов на прибыль и НДС.

Учитывая бюджетные дефициты стран Европы и экономические последствия их снижения, это огромная потенциальная выгода. Но, во-первых, должны быть решены вопросы падения цен на квоты на выбросы углерода. Массированное перераспределение избыточных квот на эмиссию углерода за пределы ETS в другие торговые системы будет иметь жизненно важное значение.

Министрам финансов повсеместно необходимо применять более творческий подход в отношении вариантов фискальной политики. Налоги на энергию и выбросы углерода могут привести к снижению экономической боли и дать больше прибыли по сравнению с обычными налогами. Европа нуждается в консолидации бюджета, сокращении выбросов углекислого газа и в стратегии экономического роста. Для того чтобы добиться всех трех целей, необходимо более обширное использование налогов на энергию и требуется более эффективная схема ETS.

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  1. CommentedFlip Bibi

    Gary M:
    Greece has a continuously demoralized civilian population, because their government constantly fails them. Greek society has no faith in their governmental representation, as clearly seen in the last elections. The community is having a hard time just to make it through the day, and they will not give up the little money they have, especially, to a failing and disappointing government. The idea that the government should be completely transparent to its population is wonderful, that a government shows exactly what it will need in order to maintain itself afloat would be wonderful; but it will not work. A system as such will make the government be seen as asking for donations rather than be responsible and enforce proper laws such as taxation. And when it comes to donations we all know how disappointing results are. Placing yourself in the shoes of the average Greek citizen, would you give some of your money to a failing system? My bet is no; I think that you’d rather take that little bit and open an account in a German/Swiss bank. I am surprised that liquid assets have not flooded out of Greek banks yet, but it is trickling out.
    As far as borrowing money, from citizens, at a specific interest rate; yeah, sounds good, but only when you know that your government will hold its end of the deal. Again, the government is not supported by the population. Only after it gets out of this current spiraling disaster, Greece should create a new, fair and enforceable taxation system which does not kill public/privet/foreign incentives to stimulate growth. The population is paying a hefty price, and it is not enough. Unfortunately, Greece has no option but to continue with the austerity programs forced on it by others, and these measures caused nothing but more head-aches. Clearly, people are angry because of the situation their country is in but they have to realize that they are also part of the problem. With new elections looming around the corner, most of Europe is holding its breath. Will Greece vote to remain in the EU, or will they vote anti-austerity? Unfortunately people can’t have it both ways and either way Greece loses. For sure austerity programs help, but that is not the only solution, more is needed in order to get Greece out of the hole.
    Greece is in turmoil; tourism is down, public/privet capital decreasing, foreign investments decreasing, unstable political parties/system and laws that were not properly enforced. Greece has much to think about its future, and so little time.

      CommentedGary Marshall

      Hello Flip,

      It is not government by donations.

      The post below advances the abolition of all Taxation. A nation will never repay the monies borrowed in the financial markets. And how does one treat his perpetual banker, knowing the funds can be cut off at any moment?

      That is the reason government will become far more benign and productive than they are at present.

      Can a nation borrow perpetually? Yes, under certain conditions.

      There are few entities on this earth that do not count liabilities among their assets. Most of us carry debts and many other liabilities. That is not the worrying part. The part for concern is the value of our assets. Do one possess assets exceeding those aggregate liabilities. Most will say yes. Some no.

      Does a government possess financial and material resources? Certainly. With Taxation, the combined financial and material resources of every entity within the nation. Without Taxation and with borrowing, the same. This is what backs the nation's financial debts.

      Now if an entity can borrow and invest, creating assets that exceed liabilities, should it do so? The answer is obvious, and just as obvious if it cannot.

      So if a nation can borrow from itself, its citizens, and create assets that exceed the acquired liabilities, should it do so? Yes.

      Banks do it all the time. They borrow from one and invest or loan money to another, living on the margins. They never pay off their lenders. They just borrow more money for supplying more loans, creating assets that exceed liabilities.

      And it will be the same for a nation. Borrow from one and invest in some project, creating assets that exceed liabilities and enriching the nation and its people.

      Access to clean water could be accounted a worthy project with good returns. Dirty or disease laden water can cause a community grievous harm. The local hospital may be overrun with patients suffering all sorts of water borne maladies. The medical costs, lost work days, etc could be erased with a modest investment in purifying the water.

      Simple cost and benefit analysis. If the cost to the community of water borne diseases are $5 million, and construction costs of a water filtration plant $1 million with $1 million in annual expenditures, is this not a valued return to the community? Is it inflationary?

      No because the community now has $3 million per year to go and spend on other items, perhaps better healthcare, better education, a larger home.

      An idle person will cost the community or nation in welfare costs. An annuity of $10,000 would require an initial investment of $200,000 with an interest rate of 5%. If a person collects $10,000 per year, the community or nation would be better off lending funds of say $50,000 for training or education up to amend the burden.

      The piece above merely shows that the cost of borrowing for a nation is in effect nil. The debt obligations issued by a nation create a liability that is equally matched with a created asset, held by a resident US lender.

      Its like a bank adding to both sides of its balance sheet. The addition of an asset offsets or nullifies the addition of equal extent of a liability. Or in other words, are you better off if you borrow $1 from your mother? You owe what you now possess, so your circumstances are unchanged.

      The question for the Government now centers on what we get for our money expended in public projects? With Taxation, there is no justification because government can take your money and do pretty much as it pleases. With borrowing, the government will have to approach the citizen and provide a proper analysis.

      The amounts borrowed will be so large, that no one person or entity could ever exert noticeable control over a nation. It will be a far different story from the present one.

      When the state has to borrow, the kind of corruption you lament will quickly come to an end.

      There is no constraint upon earnings or investment or any worthy activity. No penalty or punishment for productive enterprise. There will also be a great contraction in government expenditures as cost and benefit analysis springs into action. Both factors will create a far more productive and wealthy nation.

      I hope that answers your questions.


      GM

      CommentedGary Marshall

      Hello Flip,

      It is not government by donations.

      The post below advances the abolition of all Taxation. A nation will never repay the monies borrowed in the financial markets. And how does one treat his perpetual banker, knowing the funds can be cut off at any moment?

      That is the reason government will become far more benign and productive than they are at present.

      Can a nation borrow perpetually? Yes, under certain conditions.

      There are few entities on this earth that do not count liabilities among their assets. Most of us carry debts and many other liabilities. That is not the worrying part. The part for concern is the value of our assets. Do one possess assets exceeding those aggregate liabilities. Most will say yes. Some no.

      Does a government possess financial and material resources? Certainly. With Taxation, the combined financial and material resources of every entity within the nation. Without Taxation and with borrowing, the same. This is what backs the nation's financial debts.

      Now if an entity can borrow and invest, creating assets that exceed liabilities, should it do so? The answer is obvious, and just as obvious if it cannot.

      So if a nation can borrow from itself, its citizens, and create assets that exceed the acquired liabilities, should it do so? Yes.

      Banks do it all the time. They borrow from one and invest or loan money to another, living on the margins. They never pay off their lenders. They just borrow more money for supplying more loans, creating assets that exceed liabilities.

      And it will be the same for a nation. Borrow from one and invest in some project, creating assets that exceed liabilities and enriching the nation and its people.

      Access to clean water could be accounted a worthy project with good returns. Dirty or disease laden water can cause a community grievous harm. The local hospital may be overrun with patients suffering all sorts of water borne maladies. The medical costs, lost work days, etc could be erased with a modest investment in purifying the water.

      Simple cost and benefit analysis. If the cost to the community of water borne diseases are $5 million, and construction costs of a water filtration plant $1 million with $1 million in annual expenditures, is this not a valued return to the community? Is it inflationary?

      No because the community now has $3 million per year to go and spend on other items, perhaps better healthcare, better education, a larger home.

      An idle person will cost the community or nation in welfare costs. An annuity of $10,000 would require an initial investment of $200,000 with an interest rate of 5%. If a person collects $10,000 per year, the community or nation would be better off lending funds of say $50,000 for training or education up to amend the burden.

      The piece above merely shows that the cost of borrowing for a nation is in effect nil. The debt obligations issued by a nation create a liability that is equally matched with a created asset, held by a resident US lender.

      Its like a bank adding to both sides of its balance sheet. The addition of an asset offsets or nullifies the addition of equal extent of a liability. Or in other words, are you better off if you borrow $1 from your mother? You owe what you now possess, so your circumstances are unchanged.

      The question for the Government now centers on what we get for our money expended in public projects? With Taxation, there is no justification because government can take your money and do pretty much as it pleases. With borrowing, the government will have to approach the citizen and provide a proper analysis.

      The amounts borrowed will be so large, that no one person or entity could ever exert noticeable control over a nation. It will be a far different story from the present one.

      When the state has to borrow, the kind of corruption you lament will quickly come to an end.

      There is no constraint upon earnings or investment or any worthy activity. No penalty or punishment for productive enterprise. There will also be a great contraction in government expenditures as cost and benefit analysis springs into action. Both factors will create a far more productive and wealthy nation.

      I hope that answers your questions.


      GM

  2. CommentedGary Marshall

    Here is a public finance solution to the Greek problem. If anyone can find the flaw, I shall be more than happy to give him or her $50,000. I am just tired of doing this.

    ####

    The costs of borrowing for a nation to fund public expenditures, if it borrows solely from its resident citizens and in the nation's currency, is nil.

    Why? Because if, in adding a financial debt to a community, one adds an equivalent financial asset, the aggregate finances of the community will not in any way be altered. This is simple reasoning confirmed by
    simple arithmetic.

    The community is the source of the government's funds. The government taxes the community to pay for public services provided by the government.

    Cost of public services is $10 million.

    Scenario 1: The government taxes $10 million.

    Community finances: minus $10 million from community bank accounts for government expenditures.
    No community government debt, no community
    government IOU.

    Scenario 2: The government borrows $10 million from solely community lenders at a certain interest rate.

    Community finances: minus $10 million from community bank accounts for government expenditures.
    Community government debt: $10 million;
    Community government bond: $10 million.

    At x years in the future: the asset held by the community (lenders) will be $10 million + y interest. The deferred liability claimed against the community (taxpayers) will be $10 million + y interest.

    The value of all community government debts when combined with all community government IOUs or bonds is zero for the community. It is the same $0 combined worth whether the community pays its taxes immediately or never pays them at all.

    So if a community borrows from its own citizens to fund worthy public expenditures rather than taxes those citizens, it will not alter the aggregate finances of the community or the wealth of the community any
    more than taxation would have. Adding a financial debt and an equivalent financial asset to a community will cause the elimination of both when summed.

    Whatever financial benefit taxation possesses is nullified by the fact that borrowing instead of taxation places no greater financial burden on the community.

    However, the costs of Taxation are immense. By ridding the nation of Taxation and instituting borrowing to fund public expenditures, the nation will shed all those costs of Taxation for the negligible fee of borrowing in the financial markets and the administration of public
    debt.

    Regards,
    Gary Marshall

  3. CommentedJoon Jeon

    Could the authors give the resource in detail? Is there anyone who knows about this research?

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