Creating revenue for the federal government is the primary purpose of taxation. Determine a secondary purpose (for example, protecting the environment) and provide specific examples within the tax code that promote this purpose. Discuss the advantages and disadvantages of the legislation.
The Implementation of Environment Preservating Policies are the
purpose of taxation.
Example:
The raised money can be used to implement policies like REDD+ in
the country which aims at creating awareness among the farmers
regarding deforestation
Compensating them for not cutting trees
Advantages:
Greater awareness among people regarding ill effects of
deforestation
Greener environment
Better quality environment
Healthy atmosphere
Disadvantages:
Most of the money raised gets used up in implementing policies
which will show effect only after a long period of time
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