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.

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To save the
environment
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stringent
tax
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system should be used . One of the ways to protect the
environment
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is
Carbon
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credits for
corporates
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. Whereas individuals can opt for
pollution
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spread fees. Many people argue that having a
tax
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policy based on
pollution
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emissions done by
corporates
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and individuals is a right to step taken to protect the
environment
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. Lets us discuss both views before
i
Change the capitalization
I
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draw my conclusion.
Environment
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protection is getting popular across the globe . As we face increasing levels of
pollution
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in cities , towns and rural areas. Most environmental protection groups advocate strong
tax
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policies on
carbon
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emissions . For ,
an
Correct article usage
apply
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example
carbon
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credit is one of the ways to
tax
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carbon
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emissions. It has helped in controlling
pollution
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and protecting the
environment
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.
Furthermore
Linking Words
, Some people argue that having a
Tax
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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
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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
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based on environmental footprint .So I disagree with the statement that
tax
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regimes should be put on
corporates
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for the environmental footprint . It will create problems like Unemployment and economic chaos .
Submitted by yash334 on

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