REMEMBER Anya Hindmarch’s “I’m NOT a plastic bag” that created queues at Suria KLCC and which sold for astronomical prices on eBay? Hong Kong recently implemented its anti-plastic bag programme by requiring 50 cents tax per plastic bag. This tax led to a dramatic 85% drop in the issue of plastic bags by shops and supermarkets in the first two days!
Green taxes are in fashion globally. No, I am not referring to Islamic taxes like zakat and fitrah but rather, eco-taxes. Just as green-striped ties are in vogue, tax designers worldwide are creating green taxes.
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