Preview

Tax Incentives

Good Essays
Open Document
Open Document
1287 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tax Incentives
The government must give incentives for textile companies to change their businesses through the better. The government must do this in two different ways, grants and tax incentives. This way companies could save money, or receive money in return for changing their ways. Companies would change because it would save them money. They would receive tax incentives or breaks, meaning they would have to pay less. Also, grants would pay the companies for changing to have recycling programs, safer agriculture, and greener production. The government must offer incentives through tax incentives and grants.
On the other hand, some may say that Congress must not interfere with business: laissez faire. It is said that it is not the proper for those in Washington
…show more content…
However, large scale change in most if not all textile companies will not happen without lawmakers incentives. Those in charge of this country must step in to offer incentives to the companies or else nothing would ever change. If things are going to change, those in charge must step in, companies will not do it themselves. Companies want to make money, and change costs money, but the incentives would compensate them, or give them money. Therefore it doesn’t cost the companies to change, and they will change to earn the incentives. Clearly, the government must not remain hands off, and must offer incentives for companies to change
With all the facts presented, it can be seen why Congress must offer incentives for textile companies to have recycling programs in store, natural processes in agriculture, and green chemicals in production.
The government must offer incentives for companies to have recycling
…show more content…
Natural chemicals and dyes would mean that garments made from natural fibers would break down. Cotton and linen do originally break down, so therefore, natural chemicals would allow for garments made out of natural materials to completely break down. Chemicals that are currently in textiles are harmful to the Earth. By replacing the harmful chemicals with eco-friendly chemicals, the Earth would be cleaner and safer. Incentives from the Congress for safer chemicals in the production of textiles would also mean water would be protected. If the chemicals are made of natural materials, it would be acceptable for them to end up in the water source. Nutshells and rosemary leaves that make up some new dyes (Scott) would break down naturally in the water. They are natural materials, they would just go back into the Earth without polluting it. The Earth would be protected from pollution from the textile industry. Also, the Earth would be cleaner overall because the incentives would entice companies not to use harmful chemicals. The government must offer incentives for companies to use chemicals in the production of textiles,

You May Also Find These Documents Helpful

  • Good Essays

    In the article “Cotton’s sudden boom raises specter of a bust,” it talks about how the cotton industry has surged after a downfall. Now, farmers are replacing their vineyards and vegetable fields with cotton fields because the cost of cotton is so high right now. Joblessness was a problem for some cities, but now, they are able to grow cotton to get their economy back on track. This is an example of incentives matter because when the price of the cotton went up, a lot of new suppliers hit the market for cotton. This makes a shift in the supply of cotton because a lot more businesses are joining in to grow cotton. On the other hand, since prices are so high, consumers cut back to cheaper materials as well as some business switch from cotton to a less expensive fabric.…

    • 565 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Espresso Machines Overview of the Organisation Student ID: S710 Unit Name: Strategic presentation AT1 (Case study 2) COMPANY OVERVIEW MacVille is the top bulk importer of espresso machines in the market Head office is located in Barisbane Company is dedicated to provide customers with the top of the line products, astonishing service with reasonable prices A new branch in Sydney is to be launch to run into the productivity, reliability, and sustainability needs of the customers ORGANIZATIONAL OBJECTIVES • Diminution in in carbon footprint by 15% within the next 2 years.…

    • 493 Words
    • 7 Pages
    Satisfactory Essays
  • Best Essays

    The grant dialoges

    • 1729 Words
    • 7 Pages

    If a natural dye is made and tested then it will be more environmentally friendly, and effective based on color vibrancy and washout compared to widely available commercial chemical dyes.…

    • 1729 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Continuously researching new ways to create the least amount of harm to the environment while producing products, i.e. recycled polyester…

    • 1673 Words
    • 11 Pages
    Good Essays
  • Good Essays

    Fugitive Denim

    • 946 Words
    • 4 Pages

    During last week’s group discussion, we provided a brief introduction to the book. Part 1- provides an interesting framework for understanding issues with strong economic, political and business ties. Provide a 1 page synopsis of the global markets, apparel and textile industries and the major implications as a result of the WTO major trade decisions. Be sure to include your insight on the situation as presented within the first section of the book.…

    • 946 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Should humans receive incentives for charitable acts? This question has been controversial over the last few years. Many people have seen an issue with this, believing that receiving incentives could send a morally wrong message but is that the case for everyone? I believe that wrongdoings sends a morally wrong message and not helping out the less fortunate is as much as a wrongdoing as not helping your fellow brethren. Helping others is good for one's own soul and others as well; it gives us a sense of hope and belonging. Whether it's to fulfill one's own selfish needs or to truly help out others; the motive doesn't matter because the outcome is always the same. People should be for receiving incentives because the gains outweigh the losses.…

    • 764 Words
    • 4 Pages
    Good Essays
  • Good Essays

    American’s spend many resources growing, caring, and making fabric from cotton. Most of which is wasting resources, for example, “Americans threw away an estimated 13.1 million pounds of clothing in 2010”. They waste many resources such as; fuel to ship it, energy, water, and insecticides.…

    • 401 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Another really serious problem was that when it was command economy fabrics didn’t have to worry about money. They were given by the government. And that why there were no innovations in productions. Also they had consumer base. But after establishing free market consumer had a choice and they usually preferred to buy better quality products from abroad.…

    • 367 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The fashion industry poses a serious threat to the environment. A higher level of sustainability in material production is the key solution. Discuss.…

    • 443 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    There are incentives in all aspects of our lives, such as, home where you do your chores and get rewarded, or at work when you do extra jobs to get a promotion or raise, or at school where you do some extra credit for a better grade.…

    • 379 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Incentives are extrinsic rewards or goals that can be either material objects or thoughts that we learn to value. Incentives are positive reinforcements also can also be considered a driving force; a psychological drive that compels or reinforces an action towards a desired goal. The felling of success can be an incentive and influence motivation. When someone has incentives they are more likely to complete that goal because there is something they gain at the end. When it comes to someone doing something they really don’t want to do or don’t like to do incentives are something that help that person complete that task, it keeps them going. For example someone may not enjoy writing papers but it is necessary to write papers in college. Getting a good grade and passing the class is an incentive.…

    • 1029 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Accepting Incentives

    • 443 Words
    • 2 Pages

    Charities improve the lives of those in need all around the world. Many of them offer incentives for contributing. But is this morally okay? Offering incentives to contributing to charity isn’t unethical because it actually helps the charity even more.…

    • 443 Words
    • 2 Pages
    Good Essays
  • Better Essays

    T-shirt manufactures seeking to lower their cost and improve their margins will buy cotton from the cheapest providers. As a result, USA farmers will see a decline in their cotton production profits while farmers in developed nations will see an increase in their income. Over time, the USA cotton farmer’s dominance will decline as countries gain market share from being lower cost providers. However, this transition will be gradual given the USA farmers’ advantage in producing more yields per acre and higher grade-cotton. With the elimination of USA government subsidies, cotton textile manufacturers will pay more for cotton. As the leading buyer of cotton, the Chinese apparel industry’s profitability will be reduced due to their inability to pass on increased cotton prices to their…

    • 1060 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    What can be done for the garment producers in Africa to allow them to take full…

    • 13128 Words
    • 61 Pages
    Powerful Essays
  • Better Essays

    Smart Textiles Market

    • 804 Words
    • 3 Pages

    During the last decade, there have been strategic and developmental changes in the conventional textile industry…

    • 804 Words
    • 3 Pages
    Better Essays