What have obesity, misbehaving banks, unaffordable London housing and farting cows all got in common? They are all problems which, according to various campaigners over the past week or so, can be cured through the imposition of new taxes. Those calling for fiscal therapy included the Academy of Medical Royal Colleges, which suggested a 20 per cent levy on sugary drinks, the Liberal Democrats, who want wealthy home-owners to be subjected to a new mansion tax, and the Swedish Board of Agriculture, which wants a levy on meat to reduce methane production from livestock.

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