New Zealand to tax farm animals’ flatulence…
The 'Week Fun' continues! This Friday we’re focusing on ridiculous stories around the world that will make the inflation problem worse. New Zealand is proposing an absurd climate tax on farm animals (which will be inflationary on food prices). California is creating all sorts of insane new rules on businesses, which will make it more expensive to do business (also inflationary). And courts in the Sue-nited States of America have established a precedent that is bound to drive insurance premiums much higher. The geniuses in charge have really outdone themselves this week. New Zealand Proposes Climate Tax targeting farm animals’ burps and farts New Zealand is proposing to tax farmers based on their greenhouse gas emissions. The plan is to tax farmers on carbon emissions from farm equipment, but also levy a tax on methane emissions from livestock, produced in their stomachs as they digest food. In other words, New Zealand will tax cow and sheep burps and farts. Sheep and cattle vas...