Fiscal & Taxation Publications

March 1, 2014

Sin Taxes: the Examples of Alcohol and Tobacco

So‐called “sin” taxes are very much in fashion in France and elsewhere. With the aim of reducing “sinful” behaviour and financing the health care system, public authorities are planning to raise the tax load on alcohol and tobacco even higher.
March 1, 2014

The Government Debt Iceberg

Western governments have developed unfunded social insurance programmes where retiree benefits are paid for from the taxes of the working-age population. This means that an ageing population leads to 
rising expenditures that cannot be covered without increasing taxes on the young.
September 1, 2013

Facts and Analysis: An Integrated European Market for Card, Internet and Mobile Payments

Regulation, specifically Interchange Fee caps on credit and debit cards, would be especially harmful to consumers and new merchants or start-up businesses that rely on or are developing new innovative solutions for the e-commerce market.
May 1, 2013

The Proof of the Pudding: Denmark’s Fat Tax Fiasco

Denmark’s fat tax remains the leading example of an ambitious anti-obesity policy being tested in the real world. The results failed to match the predictions of computer models and the failed experiment has since been largely swept under the carpet in public health circles.