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A Special Virtue of Indirect Taxes is that They Sometimes Help in Social Reforms. Explain. - ICSE Class 10 - Economics

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Question

A special virtue of indirect taxes is that they sometimes help in social reforms. Explain.

Solution

Heavy indirect taxation on commodities such as wine and opium serves a great social purpose. It helps to check their consumption and saves society from their harmful effects.

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APPEARS IN

 2015-2016 (March) (with solutions)
Question 2.5 | 2.00 marks
Solution A Special Virtue of Indirect Taxes is that They Sometimes Help in Social Reforms. Explain. Concept: Concept for Taxes and Types.
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