When is a tax not a tax?
When it’s a contribution to a maritime greenhouse gas fund. A worldwide tax on bunker fuel is the best way to tackle shipping’s greenhouse gas emissions, argues Justin Stares. But supporters have almost no chance of success
ACCORDING to the website dictionary. com, a tax is “a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc”, or alternatively “a burdensome charge, obligation, duty or...
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