Value-added taxes and excise taxes constitute a direct tax.
Correct Answer:
Verified
Q122: Governments in developing countries typically play a
Q123: Industrial countries all have progressive federal income
Q124: Suppose welfare payments increase during economic recessions
Q125: Compared to China, the United States spends
Q126: We would expect Kenya to collect a
Q128: Under a progressive tax structure, the marginal
Q129: If Bill earns $100,000 a year and
Q130: A sales tax is a proportional tax
Q131: Most industrialized countries now have a value-added
Q132: Some countries rely strictly on a VAT
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents