Many people lose their income due to CoVid19 pandemic. What solution that can do by government or individual to overcome this problem.
A large number of people are losing their job and reducing their income during the Covid pandemic. There are many reasons related to
this
issue and I am going to discuss some solutions to overcome Linking Words
this
problem in the following paragraphs.
The Linking Words
first
and most prominent one is that many companies encounter financial problems. During the Covid situation, some works are difficult to operate because a lot of goods and materials are imported from foreign countries. Indeed, the cost of the materials is double because the demand for material is higher than the stock. Linking Words
Secondly
, companies are changing to work from home Linking Words
as a result
they did not provide the full salary. Despite the fact that there is less work to do as they pay one-Linking Words
third
of their employee salary.
There are some solutions to tackle these issues. The government should reduce the tax according to their ages and personal's status. Take Singapore as an example, if they have a family or children, they will entitle to pay lesser than single people. Linking Words
In addition
, the older person who is more than 80 years old, will receive government incentives. Linking Words
Furthermore
, the authority provides loans with a lower interest rate for those communities that are self-employed to run and maintain their business. On contrary, with the regard of individuals, can work online jobs like selling clothes, and homemade food so that they can earn extra pocket money to cover their expenses.
To sum up, many people not only lose their income but Linking Words
also
companies face financial problems. Linking Words
Nevertheless
, the administration provides some tax reduction programs and loans to help their citizens. Linking Words
However
, we cannot rely on the government's support, we can find another income to overcome Linking Words
this
problem.Linking Words
Submitted by eiphyo2021 on
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