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प्रश्न
Which one is better progressive or regressive taxation and why?
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उत्तर
- Progressive taxation is typically thought to be more effective in achieving social equity and fairness. This is because progressive taxes impose a greater burden on those with the financial means to contribute more, decreasing the gap between the rich and the poor. Progressive taxation is considered more equitable.
- In contrast, regressive taxes can worsen income inequality by imposing a disproportionately heavy cost on those who are already struggling financially. This can result in social and economic imbalances, making it a less desirable alternative for promoting fairness and equity in society.
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संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
Wealth tax is an example of:
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Define fiscal policy.
'The role of the State is important in developing the economic infrastructure of a developing economy'. Give two reasons to support your answer.
An indirect tax is not always equitable. Give two reasons to support your answer.
Give one example of progressive tax.
Explain briefly two merits of indirect tax.
