Outline four negative effects of a high taxation in an economy. (4mks)
Negative effects of high taxation in an economy
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Sources of public finance
Related Question:
List four sources of public finance.Highlight four factors that must be considered before incurring public expenditure
Factors before incurring public expenditure
Explain six sources of government revenue for development expenditure.
Sources of government revenue for development expenditure.
Ways that a government can use to finance a budget deficit.
Ways an investor benefit from the stock exchange
Ways in which an investor may benefit from the stock exchange include:
Benefits of direct taxation to the government.
Sources of public finance
Disadvantages of using direct taxes to raise government revenue
Disadvantages of using direct taxes to raise revenue include:
Types of direct taxes that the government may use to collect revenue from individuals and companies
Types of direct taxes that the government may use to collect revenue from individuals and companies include:
What is external revenue?
External revenue is money collected by a government by imposing duties on imports and other international transactions.
What are the problems encountered from external revenue
Related Business Studies Quiz and Answers on Public Finance. Form 4 Level
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Merits of indirect taxes
Merits of indirect taxes include:
Measures that may be taken by the government to control inflation
Measures that may be taken by the government to control inflation include:
AnswerCharacteristics of a good tax system include:
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