VAT is a regressive tax, putting more burden to the poor than to the rich. Indeed, VAT applies the same rate to everyone regardless of their level of wealth – but the richer you are, the lower the proportion of your revenue goes to consumption. VAT cancels out one-third of the effects of fiscal redistribution.
A study has revealed the negative impact of e-commerce on employment, counting the number of jobs created and destroyed.
Heavy and polluting urban SUVs now represent 40% of new car sales worldwide.
A report by the NGO Transport and Environment promises a six-fold increase in Europe’s electric-car production by 2025. But Chinese producers continue to dominate the sector.
The European Union has just established a screening framework for foreign investments, primarily in response to the Chinese investment offensive.
From top to bottom of the salary scale, inequality rules.
The lack of a sufficient number of electric-powered buses in Paris area let local transportation company to put back in service several old diesel-propelled buses next year. A vehicle management issue that shows how much European cities lay behind in renewing their buses' fleet.
