ABSTRACT
Taxes carry the potential to discourage the sale of the items or activities being taxed. When setting a tax, the idea is to match price with cost. Historically, businesses have always fought against most forms of legislation, but the costs associated with climate change are causing many CEOs to think twice about how laws that promote higher taxes and carbon caps can be used to help industry. Taxes on interest, savings plans, retirement accounts and college tuition accounts could also be eliminated. Small businesses are also calling for increased legislation with the expectation that they'll soon reap its benefits. Taxes and legislation designed to reduce waste undoubtedly leaves some people fuming, yet a government report published in the United Kingdom states unequivocally that businesses and consumers want their government to do more to make it easier to be less wasteful.
