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  • Discuss Whether A Rise in Direct Taxes Increase Economic Growth

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    Direct taxes are taxes on personal income and wealth. A rise in direct taxes could decrease economic growth by reducing consumers' disposable income and decreasing their incentive to work. However, higher tax revenue for the government could fund infrastructure and programs that support growth.

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    Discuss Whether a Rise in Direct Taxes Increase Economic Growth

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    Direct taxes are taxes on personal income and wealth. A rise in direct taxes could decrease economic growth by reducing consumers' disposable income and decreasing their incentive to work. However, higher tax revenue for the government could fund infrastructure and programs that support growth.

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    12 views1 page

    Discuss Whether A Rise in Direct Taxes Increase Economic Growth

    Uploaded by

    Name
    Direct taxes are taxes on personal income and wealth. A rise in direct taxes could decrease economic growth by reducing consumers' disposable income and decreasing their incentive to work. However, higher tax revenue for the government could fund infrastructure and programs that support growth.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    Discuss whether a rise in direct taxes increase economic growth.

    Direct taxes are taxes incurred on the income and wealth of consumers

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