Let's tax advertising
I propose a
100% advertising tax.
All the
money collected should be spent on advertising the precise opposite.
So, for
example, tax raised from all the money spent on advertising cars should be
spent advertising cycling and walking.
All the
money raised from the advertising of new clothes should be spent on showing
people how to repair the clothes they already have.
All the
money raised from the advertising of ready meals and take-away food should be
spent advertising how people can make their own healthy and nutritious meals.
Some might object to this idea
because advertising is a perfectly harmless activity that provides nothing more
than valuable information to consumers.
Taxing it would distort the market and lead to bad outcomes.
Others
might like the idea because advertising is evil and manipulative and persuades
us to buy things we don’t really want.
Taxing it would prevent the industry’s worst excesses and liberate us
from the tyranny of consumerism.
I hold to
neither of these positions.
My concern
is merely that choices from which no money is made are not promoted. My favourite example is walking. Walking is unbelievably
good, for more or less everything.
It’s good for your physical health and good for your mental health. It’s good for the environment and good for
developing a sense of community.
But how
often do we see adverts reminding us of this choice? Hardly ever.
And why? Because (virtually) no one makes any
money from us choosing to walk.
So my
proposal (and this builds on the argument I sketched in Bad
Habits) is that different choices
should be offered to us – not instead of, but as well. Imagine: how quickly might we move to a better
world if £22bn
was spent in the UK each year promoting sustainable lifestyles?
It’s not
enough that we merely restrict
advertising. This will merely encourage
the industry to think up new ways to get their profit-generating message across.
A 100% tax
would – of course – dramatically reduce the amount of money spent by businesses
on advertising. But since the money
raised from the tax would have to be spent on advertising – just different
things – the total size of the advertising industry would be unaffected.
And, since
it would affect all businesses equally, there would still be a level playing
field – which is generally what businesses ask for.
So! A 100% tax on advertising, with the money
raised spent on advertising a more sustainable world. What’s not to like?
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