Taxation for a Circular Economy: New Instruments, Reforms, and Architectural Changes in the Fiscal System

Deza, Xavier Vence; Pérez, Sugey de J. López

doi:10.3390/su13084581

Cited by 34 publications

(17 citation statements)

References 44 publications

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“…UBI is only part of a potential menu of solutions for a future-proof labor market. Other elements include targeted taxes that lower the price of labor compared to resources [ 110 , 111 ]. Encouraging labor inputs also has double-dividend benefits, as labor is essentially environmental impact-free [ 112 ].…”

Section: Transforming Core Market Characteristics To Create Structura...mentioning

confidence: 99%

Markets and the Future of the Circular Economy

Siderius¹,

Zink

2022

Circ.Econ.Sust.

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The circular economy stands at a crossroads between true systemic change and rebranded business-as-usual. It will either evolve to become functional —optimizing technical capabilities to mimic resilient ecosystems—or dysfunctional —reinforcing current destructive, destabilizing structures and incentives despite appearing to make marginal progress. This paper offers a unique critique of the circular economy: we argue that the circular economy is set up for failure precisely because it is required to conform to our current socio-econo-political system—that is, a market system . We identify four core characteristics of market systems: private property, competition, a market for labor, and value determined by price. Together, these characteristics create incentives that are antithetical to a functional circular economy: a requirement for infinite growth, short product lifetimes and limited material circularity, technically suboptimal products and systems, ineffective reverse logistics networks, and misplaced priorities from distorted notions of value. We then show that the fundamental organizing principle of market systems is market efficiency , which is based on a false assumption of scarcity. In contrast, we suggest a competing worldview of sustainable abundance based on a principle of technical efficiency , which optimizes technical and environmental outcomes. Using this lens, we suggest alternatives to the core market characteristics, including an ecology of complementary currencies, a new understanding of private property, an adjusted balance of competition and cooperation, labor market alternatives, a reevaluation of true value, and lessons from Indigenous peoples. If—and only if—we embrace technical efficiency over market efficiency, we can unshackle the circular economy to create meaningful system change and a future of sustainable abundance.

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Section: Transforming Core Market Characteristics To Create Structura...mentioning

confidence: 99%

Markets and the Future of the Circular Economy

Siderius¹,

Zink

2022

Circ.Econ.Sust.

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“…If the carbon tax were able to generate significant resources, these could be used to implement redistributive policies to benefit the poorest households or to balance significant VAT benefits for basic consumption. Going even further, the transition towards a sustainable circular economy requires a deeper study of the most profound changes needed in the architecture of the current tax system, which is directly or indirectly supported by the taxation of labour [89].…”

Section: Conclusion and Future Researchmentioning

confidence: 99%

When Harmful Tax Expenditure Prevails over Environmental Tax: An Assessment on the 2014 Mexican Fiscal Reform

Pérez

Deza

2021

Sustainability

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This article examines the role of environmental taxation in mitigating environmental problems and contributing to sustainability in Mexico. It focuses on environmental tax revenues and tax expenditures since the 2014 Public Financial Reform (PFR), according to pro- or anti-environmental orientation. The research carried out combines the study of the regulation of the selected tax instruments, their classification and the empirical analysis of the tax revenues and tax expenditures associated with the different taxes over the periods of validity of the taxes and benefits studied, using the databases of the CIAT and the Mexican SHCP. A critical analysis addresses the weak environmental function of environment-related taxes (IEPS, ISAN…), as well as the late implementation and reduced impact of the carbon and pesticide taxes introduced in 2014. The evolution of tax incentives and expenditure is thoroughly examined by examining both environmental measures, which have evolved positively but within a very reduced level, and the most prevalent tax expenditure measures, with harmful impacts to the environment. Based on the results obtained, long-term structural changes in the Mexican tax system are suggested. As for the short to medium term, profound changes in tax expenditure are proposed to eliminate of those tax benefits harmful to the environment, introduce of tax benefits for circular activities (e.g., repairing, reusing and remanufacturing) and broaden the carbon tax base and rates. The conclusions include recommendations for moving towards a systemic green tax reform that assists the transformation towards a sustainable economy.

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“…Focus on taxation extends beyond energy. The most frequently researched environmental tax mechanisms are taxes on particular activities or consumption that generate highly damaging emissions, effluents or residues, such as energy taxes and carbon taxes (Vence & López Pérez, 2021) . While subsidies and tax expenditures favoring the development and use of fossil fuels impede low-carbon innovation, the current low oil prices also present a chance for reforms .…”

Section: Expanding Low-carbon Investments and Financing In The Brics Countriesmentioning

confidence: 99%

“…Adapting to circular economy and low-carbon technology. A circular economy is a business model that highlights the ecosystem's regenerative capacity by reducing the consumption of non-renewable resources, extending the usable life of commodities, and reusing all materials that enter the economic cycle to reduce waste and pollution (Vence & López Pérez, 2021) . Low-carbon technology will become more widely used as solutions become more mature in the market .…”

Section: Expanding Low-carbon Investments and Financing In The Brics Countriesmentioning

confidence: 99%

Untitled

2021

BJE

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This work is devoted to the study of the impact of urban development on interethnic intolerance . Although studies on the impact of urbanization and the economic well-being of cities on interethnic intolerance have been conducted in other countries, no similar scientific work has been conducted in Russia . The purpose of this paper is to determine factors related to urban development that influence the level of interethnic intolerance in a Russian city and to clarify the nature of this influence . The assumption of the presence of such an influence is based on the fact that the comfort of the urban environment can play the role of an indicator of economic well-being, while the exacerbation of social conflicts during periods of economic instability is scientifically substantiated . This influence is studied using an econometric study on a sample of 66 Russian cities with a population of over 100 thousand people, where 2 or more crimes motivated by interethnic intolerance were committed during the period 2007-2019 . The information base for the study was obtained from the website of the SOVA Center for Information and Analysis, the statistical databases of Rosstat and EMISS, and the official website of the urban environment quality index . Based on the results obtained, it is concluded that interethnic intolerance is reduced due to a comfortable urban environment . Also, according to the study, in more populated Russian cities the level of interethnic intolerance is higher, whereas the incomes of city residents reduce it .

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Taxation for a Circular Economy: New Instruments, Reforms, and Architectural Changes in the Fiscal System

Cited by 34 publications

References 44 publications

Markets and the Future of the Circular Economy

Markets and the Future of the Circular Economy

When Harmful Tax Expenditure Prevails over Environmental Tax: An Assessment on the 2014 Mexican Fiscal Reform

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