Something like this can help address the problem of carbon emissions from cars, and tax benefits have a record of being a big people pleaser so provides a solid incentive. There may have to be large... moreSomething like this can help address the problem of carbon emissions from cars, and tax benefits have a record of being a big people pleaser so provides a solid incentive. There may have to be large investment into public transportation in countries and regions that have little in the way of it however. Less
When it comes to things like public transport, I have a very conscious view. If the government can prove that the project will not incur serious deficits and will not lead to massive debt, I am for... moreWhen it comes to things like public transport, I have a very conscious view. If the government can prove that the project will not incur serious deficits and will not lead to massive debt, I am for public works projects. Furthermore, if those tax benefits do not bring about more debt further down the line, then also yes. There is no point in having tax benefits if they ultimately hurt consumers through the reduction in critical social services elsewhere. Less
While this is an important issue, I am unsure of the mechanism that would allow them to implement a policy like this. Policies such as increasing taxes for those with cars that have low fuel... moreWhile this is an important issue, I am unsure of the mechanism that would allow them to implement a policy like this. Policies such as increasing taxes for those with cars that have low fuel efficiency would be a far more feasible strategy. Less
It depends on the financial impact. Currently, the government struggles to provide substantial public transportation. Incentivising its use while it is not in a state to handle more demand may not be... moreIt depends on the financial impact. Currently, the government struggles to provide substantial public transportation. Incentivising its use while it is not in a state to handle more demand may not be the responsible thing to do. Less
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