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Green taxes can boost the economy

Science for the Environment. 15 May 2014 Issue 372

Lunes 19 de mayo de 2014, por Carlos San Juan

Green taxes could boost economic growth and reduce the ‘cash-in-hand’ untaxed shadow economy, according to new research. The study modelled green taxes’ effects on Spain’s economy and suggests the revenue from these taxes would increase economic activity and employment if it was used to reduce income tax.

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