Now is precisely the time to enact incentive-oriented tax reductions that will keep the economy growing and provide badly needed relief for millions of struggling families.
Earlier this year the government enacted incentive-oriented tax reductions, promptly sending the stock market up smartly and putting Japan, albeit tentatively, on the road to recovery.
Another success of the global carbon markets has been to provide a financial incentive that will result in around 2.5 billion tonnes of emission reductions being created in developing countries during 2008-2012.