6 marksTaxation and Fiscal Policy
CSEC Principles of Business · January 2016 · Paper 2 · Question 6(b)(i)
Outline THREE reasons why governments charge taxes.
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Practise this questionOther parts of this question
- 6(a)(i)State TWO differences between 'direct taxes' and 'indirect taxes'.[4 marks]
- 6(a)(ii)List ONE example of a direct tax and ONE example of an indirect tax.[2 marks]
- 6(b)(ii)Identify TWO sources of government revenue, other than taxes.[2 marks]
- 6(c)(i)Explain why the higher income earner pays more than the lower income earner under proportional taxation.[3 marks]
- 6(c)(ii)Explain why the higher income earner pays more than the lower income earner under progressive taxation.[3 marks]
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