As loyal readers know, Nanny likes to tax things that she doesn't approve of (eg booze and fags).
She claims that the tax reduces the demand for these "evil" vices, yet the more "worldly wise" of us know full well that she makes a nice little living out of the revenues raised by these taxes.
Anyhoo, as loyal readers are also aware Nanny often bleats about the harm we are doing ourselves by eating fat; on occasions there have been calls by Nanny's special little chums for a fat tax to be imposed.
Step forward Denmark which last year did just that.
One year on and the Danes have just repealed that tax.
It was harming the economy and, rather "bizarrely", has caused a spike in the demand for butter.
The Wall Street Journal quotes Mette Gjerskov, the minister for food, agriculture and fisheries:
"The fat tax is one of the most maligned we [have] had in a long time.Now here's the thing that rather nails the lie that Nanny spins when she claims that the taxes are there for our own good, the fat tax netted an estimated €170M in 2012 in new revenue. Danish Nanny doesn't want to lose this increased revenue stream, so she will be raising income taxes and reduce personal tax deductions to offset the lost revenue.
Now we have to try improving the public health by other means."
So much for the lie that the taxes were meant to be for our own good!
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