2 marksTaxation and Fiscal Policy
CSEC Principles of Business · January 2012 · Paper 2 · Question 6(b)
State TWO purposes of taxation.
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Practise this questionOther parts of this question
- 6(a)Explain the terms 'direct taxes' and 'indirect taxes', giving ONE example of EACH type of tax.[6 marks]
- 6(c)(i)Distinguish between 'regressive taxation' and 'progressive taxation'.[4 marks]
- 6(c)(ii)Outline the MAIN reason in favour of a progressive tax system.[2 marks]
- 6(c)(iii)Discuss TWO reasons why a government may impose taxes on alcohol and tobacco.[6 marks]
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