It’s time we see paying taxes as a sustainability issue

Instead of asking for tax credits for solar panels, ask if your firm is paying its fair share of taxes

Although the United States already adopted sweeping tax reforms under the Trump administration, Congress is in the midst of planning further tax cuts. People are beginning to ask if these and previous tax cuts are sustainable. What does it mean for taxes to be sustainable? When most people hear the term “sustainability,” they think of things like electric cars and recycling. Not taxes.

Nearly all of us consider ourselves to be ethical people, but few of us like paying taxes because it requires us to part with our own money. Rather than resolve the tension between affirming our own ethicality and loss aversion, we resist seeing taxes as an issue of ethics or sustainability.

Continue Reading...