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ACTIVITY 2
Take 2 of the objectives of taxation and state and discuss the reason why you choose the
objective.
2.1
Based on my research, One vital goal of taxation is income redistribution, aiming to minimize
economic disparities by imposing progressive taxes that take a larger proportion from greater
incomes. This objective is chosen for its role in promotion of social equity and addressing income
inequality, contributing to a greater balanced and simple society.
2.2
Another key goal is fiscal policy, whereby taxes are used to impact the ordinary economy. By
adjusting tax rates, the government can stimulate or cool financial activity, helping hold steadiness
and promote growth. I chose these objectives because they highlight the twin position of taxation in
fostering social justice and monetary stability.
NB: Adjust the sizes of the boxes in accordance with the length of your discussion.
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