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To fill budget gaps, 'Stealth Taxes' are creeping up
France, promising to improve the environment, is planning to introduce a carbon tax. In Finland, where the government says it wants to improve diets, taxes are back on candy and soft drinks. Similarly, Denmark has added tobacco and some fatty foods to the list of taxed products.
Britain is taking a different tack, considering a so-called horse tax.
All these taxes may be presented as serving virtuous ends, but they also have something else in common: they help plug budget holes deepened by the recession, bailouts and billions in stimulus spending.
At a time when political leaders in Europe and the United States are committed to no additional income-tax burden on the middle class, they also share the advantage of raising revenue without drawing too much attention to the tightening fiscal noose.