Tag: transport funding
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Why the Fiscal Risks Report Says We Should Tax Electric Cars by Mileage
Introduction: The fiscal horizon and the case for road-user charging The Office for Budget Responsibility’s (OBR) biennial Fiscal Risks and Sustainability report is a thorn in the side of complacency. It looks beyond the current budget cycle to appraise long-term risks—from demographics and productivity to public debt and the funding of essential services. In this…
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Why the OBR’s Fiscal Risks Report Says We Must Tax Electric Cars
Understanding the fiscal horizon The Office for Budget Responsibility (OBR) is known for its sober, long-range assessments of the public finances. Its biennial Fiscal Risks and Sustainability report peers into the horizon to examine demographic shifts, productivity trends, debt dynamics, and the fiscal implications of climate policy. While headlines often focus on near-term budgeting decisions,…