Of late, pollution levels in the environment have been increasing profoundly because of industrialization and the unaccountability of citizens. As a result of this, the government has been forced to impose the tax not only on businesses but also on individuals. In my opinion, bureaucrats should come up with other alternative approaches rather imposing more levy.
To embark upon, enlarging cess would lead to a plethora of negative impacts. Firstly, this would cause outrage, especially in below-par salaried employees. Secondly, they end up having no disposable income as they are already being charged direct as well as indirect taxes. Therefore, the finical crisis might arise.
On the other hand, profit margins of any organization might hit the lowest levels and overcome from this situation human power would be replaced with more robots. Thus, the unemployment rate would increase significantly. Apart from this, excess of green tax amount could be transferred to product prices which means inflation will be increased in society. In addition, industrialists might look for other permutation methods such as operating the business from any offshore countries.
If the government is keen on protecting the atmosphere from contaminating, there are plenty of other ways for instance afforestation, vetoing the plastic covers and bags. Also, it would be an excellent initiative to promote public transportation system. In addition to this, authoritative authorities can offer subsidies to the factories which are taking measures to control carbon emissions.
To conclude, pollution can be reduced in many ways such as planting more trees, leveraging dispensable products. Nonetheless, amending the taxes is definitely not one of them.
Of late, pollution levels in the environment have been increasing
profoundly
because
of industrialization and the
unaccountability
of citizens.
As a result
of this, the
government
has
been forced
to impose the
tax
not
only
on businesses
but
also
on individuals. In my opinion, bureaucrats should
come
up with
other
alternative approaches
rather
imposing more levy.
To embark upon, enlarging
cess
would lead to a plethora of
negative
impacts.
Firstly
, this would cause outrage,
especially
in below-par salaried employees.
Secondly
, they
end
up having no disposable income as they are already
being charged
direct
as well
as indirect
taxes
.
Therefore
, the finical crisis might arise.
On the
other
hand, profit margins of any organization might hit the lowest levels and overcome from this situation human power would
be replaced
with more robots.
Thus
, the unemployment rate would increase
significantly
. Apart from this, excess of green
tax
amount could
be transferred
to product prices which means inflation will
be increased
in society.
In addition
, industrialists might look for
other
permutation methods such as operating the business from any offshore countries.
If the
government
is keen on protecting the atmosphere from contaminating, there are
plenty
of
other
ways
for instance
afforestation, vetoing the plastic covers and bags.
Also
, it would be an excellent initiative to promote public transportation system.
In addition
to this, authoritative authorities can offer subsidies to the factories which are taking measures to control carbon emissions.
To conclude
, pollution can be
reduced
in
many
ways such as planting more trees, leveraging dispensable products. Nonetheless, amending the
taxes
is definitely not one of them.