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Define direct tax - Economics

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Questions

Define direct tax

What are direct taxes?

What is meant by direct tax?

Definition
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Solution 1

Direct taxes refer to taxes that are imposed on the property and income of individuals and companies, and their burden cannot be shifted to another person/entity.

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Solution 2

A direct tax is one that is paid by the person on whom it is legally imposed.

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Role of State in Economic Development
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Chapter 6: The State and Economic Development - QUESTIONS [Page 166]

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