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  • Total Tax Revenue Collected: Naturinda Rosemary Secd/A/833/2018

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    Bazanye Bosco
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    This graph shows the relationship between tax rates and total tax revenue collected. It illustrates that as the tax rate increases from T1 to T2, the overall tax burden rises accordingly. While a higher tax rate leads to more tax revenue, there is a point where increasing taxes further may not generate more income and could negatively impact the economy.

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    This graph shows the relationship between tax rates and total tax revenue collected. It illustrates that as the tax rate increases from T1 to T2, the overall tax burden rises accordingly. While a higher tax rate leads to more tax revenue, there is a point where increasing taxes further may not generate more income and could negatively impact the economy.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    33 views1 page

    Total Tax Revenue Collected: Naturinda Rosemary Secd/A/833/2018

    Uploaded by

    Bazanye Bosco
    This graph shows the relationship between tax rates and total tax revenue collected. It illustrates that as the tax rate increases from T1 to T2, the overall tax burden rises accordingly. While a higher tax rate leads to more tax revenue, there is a point where increasing taxes further may not generate more income and could negatively impact the economy.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    NATURINDA ROSEMARY SECD/A/833/2018

    Total tax
    revenue
    collected
    R2 Increasing the
    overall burden
    R1 of taxes from T1
    to T2 does lead to
    a rise in total tax
    revenues

    T1 T2 Tax Rate(%)

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