Shifting to progressive corporate taxes solves war, poverty, pollution, and resource depletion---extinction.
Smith ’19 [Peter; June 28; Founder & Director of the Wildwood Trust, MBA from the University of Greenwich, MA from the University of Gloucestershire, Postgraduate Degree from the Chartered Institute of Marketing; LinkedIn Pulse, “George Monbiot & Chris Packham are Getting Close to the Fundamental Solution to Saving Our Planet...,” https://www.linkedin.com/pulse/george-monbiot-chris-packham-getting-close-solution-saving-smith/6/28/2019]
But the journey these leading figures in wildlife protection have gone down, and the many authors they have drawn together, is still not fully complete. Both reports have highlighted how we are destroying our planet because our current tax and subsidy systems gives incentives to people to kill our wildlife, pollute and use land and natural resources inefficiently.
My personal campaign for the last 20 years has been to highlight this and promote rewilding, understanding that if we cannot tackle these issues, we will continue to lose wildlife no matter what social movements happen, wildlife protection laws are enacted or how many landowners we can win over to rewild their land.
It’s really very simple, if we want to save our planet and rewild land we need to base our entire tax policy on taxing monopolies and externalities and have a tax policy that does not allow avoidance. Shifting taxation from incomes (earnings and trade) and put it on land values. Taxing pesticides, diesel etc (externalities) will all provide a positive incentive to use such resources less and much more efficiently. Taxing land values will reduce land use and allow rewilding. Our current corrupt system is based on inflating land values to benefit the tiny minority of landowners. This has been a political fight waged over hundreds of years, the basis of the Corn Laws and the Liberal movement of the late 19th century, it was behind the Parliament Act and the landowners and bankers win in the end because most people are unaware of the fundamental economic forces at play.
Such a tax shift will save our planet, rewild 40% to 50% of the world, abolish poverty, reduce crime and take away many of the incentives for war. It’s all about understanding the marginal economic choices of the people who control natural resources and land – be it a hill farmer or Donald Trump; people choose to destroy our planet and hurt others because they make money by doing so. Our current tax system pushes people to misuse land and natural resources in so many complex ways that no matter what laws we try to enact it cannot counteract that economic force of those trying to make money from nature’s destruction. If we have a tax system that forces people to use land and natural resources more efficiently then they will choose to damage the planet less, the free market will become our ally as people try to outcompete one another to provide goods and services that use less land, pollution and natural resources within them.