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A company builds tax into the cost of the product, so by lowering the tax the cost of the product is lowered. More people will buy the product in that case.And if companies are given subsidies to conduct research, they can still sell their current products but move toward better ones.Tax breaks are given to consumers who buy hybrid cars, and in the future they'll get tax breaks for buying hydrogen cars or whatever the new technology is.
A company builds tax into the cost of the product, so by lowering the tax the cost of the product is lowered. More people will buy the product in that case.
And if companies are given subsidies to conduct research, they can still sell their current products but move toward better ones.
Tax breaks are given to consumers who buy hybrid cars, and in the future they'll get tax breaks for buying hydrogen cars or whatever the new technology is.
