 THE IMPORTANCE REORGANIZATION TAXES AND REORDERING FISCAL PRIORITIES FOR SUSTAINABLE DEVELOPMENT OF THE ENVIRONMENT IN ROMANIAJournal of Financial and Monetary Economics, 2015, vol. 2, issue 1, 254-259 Abstract: This article discusses the major challenges in the field of environmental sustainability: the reorganization of taxes and reorder fiscal priorities. To propose a viable solution to address these issues presents a comparative analysis between two EU countries which shows that 80% of environmental taxes in Germany are linked to energy taxes, while in Romania the highest proportion of the total excise duty on fuels derived. Other potential areas taxable provide 10-15% of total revenue for the environment. Romania is the country with the lowest environmental taxes in Europe, and should consider gradual increase in these fees reduced performance reveals environmental taxes. This is one of the reasons why Romania, unlike Germany fails to promote effectively the goals of environmental protection and sustainable development. A double impact on environmental sustainability in Romania could increase revenue from environmental taxes in an environment of budgetary crisis. Keywords: economic environmental tools; environment taxes; fiscal priorities; sustainable development of the environment (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:2:y:2015:i:1:p:254-259 Access Statistics for this article More articles in Journal of Financial and Monetary Economics from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.