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Pastimes : The New Qualcomm - write what you like thread.
QCOM 168.09+1.8%Nov 28 9:30 AM EST

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To: Maurice Winn who wrote (2947)5/24/2001 1:13:34 AM
From: tekboy  Read Replies (1) of 12235
 
Just think what the measure would do for SI...

New Zealand Flush With Gas

The government of New Zealand has been scrambling this week to squelch an uproar over a plan to impose a flatulence tax on farm animals.

The idea would be to tax farmers between $4 and $60 for each sheep and cow "for the dangerous gases the animals produce through dung, urine and flatulence," according to one news report. The nitrous oxide and methane produced by the animals are believed to contribute to global warming.

The proposal, which could cost New Zealand's farmers up to $5 billion by one estimate, was aimed at complying with Kyoto pact guidelines to reduce greenhouse gases. New Zealand only produces 0.2 percent of world greenhouse gases, but 55 percent of that comes from farm animals.

An embassy official here who is said to be expert on this matter confirmed that a government "advisory group" had proposed the tax. "We've got a lot of cows and they create quite a bit" of the gases. It's budget time, the official said, and that tax along with an increase in the liquor tax had been discussed. "But neither of those are going to happen in the near future."

New Zealand Research, Science and Technology Minister Pete Hodgson told reporters that research and development were the best way to reduce methane emissions. So no flat tax for New Zealand.


washingtonpost.com

tekboy@whichisworse,adeathtaxorafarttax?.com
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