The Green New Deal Keeps On Making Headlines

The Green New Deal (GND) keeps on making news headlines. Ironically, many are left in the dark with regards to the specifics of what this deal is trying to accomplish. Technically speaking, it’s an economic program tackling both climate change and economic inequality. It’s basically inspired by new deal programs imposed by Franklin Roosevelt after the Great Depression. Its aim is to achieve a fair as well as dependable economy.

The Rise of a New Economy

SMEs serve as the backbone of US economy.

The following are three ways on how the proposed Green New Deal can affect small business owners like plumber Gilbert, farmers, rising entrepreneurs and even the US economy as a whole.

Right to Fair Taxation Changes how Businesses are Executed

Green New Deal’s focus is to provide assurance to every citizen of America that it’s their right to have fair taxation. One way that this’ll shift the economy’s landscape is how it demands transparency to all corporate. Meaning to say, corporations are now required to explain all their tax subsidies in public budget. In return, this will allow the general public to see that their subsidies can’t be concealed as a tax break.

Incentives on Green Cooperatives and Businesses

GND is aiming to make transition of the US economy into a more sustainable and greener one. The end goal is make businesses operating under the American soil to be sustainable, ethical and above all, environmentally sound. This is why the proposed economic program is planning to incentivize as well the small businesses that back this mission.

If for example that the main foundation of your business is sustainability, then you’ll greatly benefit from this proposed program.

Democratization of Media would be Reinforced

The program prioritizes a reliable and fully functional democracy. One way that GND will execute this is to empower and support locally owned media stations and publications. So, if you have a business that operates on print media company or broadcasting, then this program will help you reach more people by giving you power and voice. Simply put, it gives local and small media companies more leeway by guaranteeing that they’re going to receive all support needed on federal level.