Taxing Industries, corporates and individuals based on their environmental footprint is the only way to save the environment. Do you agree with the statement? Give your opinion.

To save the
environment
stringent
tax
system should be used . One of the ways to protect the
environment
is
Carbon
credits for
corporates
. Whereas individuals can opt for
pollution
spread fees. Many people argue that having a
tax
policy based on
pollution
emissions done by
corporates
and individuals is a right to step taken to protect the
environment
. Lets us discuss both views before
i
Change the capitalization
I
show examples
draw my conclusion.
Environment
protection is getting popular across the globe . As we face increasing levels of
pollution
in cities , towns and rural areas. Most environmental protection groups advocate strong
tax
policies on
carbon
emissions . For ,
an
Correct article usage
apply
show examples
example
carbon
credit is one of the ways to
tax
carbon
emissions. It has helped in controlling
pollution
and protecting the
environment
.
Furthermore
, Some people argue that having a
Tax
regime is the root cause of environmental degradation . As it forces Companies and individuals to look for more profits so that they can pay high taxes as levied by the government on them . For ,instance Many
corporates
are required to pay taxes on production , Insurance in some countries like India. Levying Taxes on environmental footprint will result in fewer margin and creates social problems like Mass layoff or unemployment in these countries. To conclude , A comprehensive policy framework needs to be adopted by all the countries uniformly. So that we can have lesser
pollution
based on environmental footprint .So I disagree with the statement that
tax
regimes should be put on
corporates
for the environmental footprint . It will create problems like Unemployment and economic chaos .
Submitted by yash334 on

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