Value added tax (VAT):

  1. Will Apply On Rich And Poor Equally
  2. Will Result in Taxing The Rich More
  3. Will Result in Distribution of income From Rich to Poor
  4. Is A Direct Tax

  • Direct Taxes that are directly paid to the government by the taxpayer. It is a tax applied on individuals and To Pool organizations directly by the government e.g. income tax, corporation tax, wealth tax etc.Indirect Taxes are applied on the manufacture or sale of goods and services.

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