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Natural disasters cost the nation: we've calculated the income tax revenue lost in their wake

  • Written by The Conversation
Natural disasters cost the nation: we've calculated the income tax revenue lost in their wakeoriginal

Understanding the true cost of natural disasters is critical for governments to develop policies to deal with them.

Historically, calculations have been based on toting up insurance claims and government aid. But these don’t account for intangible social costs such as lower mental health and higher substance abuse in the years that...

Read more: Natural disasters cost the nation: we've calculated the income tax revenue lost in their wake

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