Nowadays, industrial pollution is dramatically increasing, and some people believe that the practical way to reduce pollution is that imposing the tax to the companies, whilst others disagree with this statement. This essay will discuss both perspectives and submit a viable solution to get the win-win solution for both views.
The first belief is that tax can be an effective way to lower the impact of industrial activities. In this term, we can use their money to overcome the side-effects that they cause. This suggestion has been used in the cigar industry, for example, the tariff from cigar industries are used to give medical treatment for people, who suffer from lung cancer caused by smoking. Therefore, we can use the same notion to factories that cause pollution. In addition, we can also implement a progressive tax term. It means the higher deterioration they generate, the tax will obviously increase.
On the other side, some individuals think that levy the tariff to companies will not efficiently decrease the effect of their damages. This because they think those companies have many profits, therefore, giving some money is not a problem as long they can still sell their products and get more profits. Based on my knowledge, only 5% of their profits that go to the government. Thence, 95% of the profits go to their pocket. Regarding that matter, it will not help to realize the companies about the impact of their actions.
In conclusion, although, many people think that tax is not an effective way to treat the pollution, applying progressive tax might change their perspective as well as giving the authority of industries some awareness of their action. Hence, in a short-term period, it can reduce deterioration.
Nowadays, industrial
pollution
is
dramatically
increasing, and
some
people
believe that the practical way to
reduce
pollution
is that imposing the
tax
to the
companies
, whilst others disagree with this statement. This essay will discuss both perspectives and submit a viable solution to
get
the win-win solution for both views.
The
first
belief is that
tax
can be an effective way to lower the impact of industrial activities. In this term, we can
use
their money to overcome the
side-effects
that they cause. This suggestion has been
used
in the cigar industry,
for example
, the tariff from cigar industries are
used
to give medical treatment for
people
, who suffer from lung cancer caused by smoking.
Therefore
, we can
use
the same notion to factories that cause
pollution
.
In addition
, we can
also
implement a progressive
tax
term. It means the higher deterioration they generate, the
tax
will
obviously
increase.
On the other side,
some
individuals
think
that levy the tariff to
companies
will not
efficiently
decrease the effect of their damages. This
because
they
think
those
companies
have
many
profits
,
therefore
, giving
some
money is not a problem as long they can
still
sell their products and
get
more
profits
. Based on my knowledge,
only
5% of their
profits
that go to the
government
. Thence, 95% of the
profits
go to their pocket. Regarding that matter, it will not
help
to realize the
companies
about the impact of their actions.
In conclusion
, although,
many
people
think
that
tax
is not an effective way to treat the
pollution
, applying progressive
tax
might
change
their perspective
as well
as giving the authority of industries
some
awareness of their action.
Hence
, in a short-term period, it can
reduce
deterioration.