Compare and contrast consumption tax and income tax

Reference no: EM131187375

DQ: Taxation on Consumption and Sales

Compare and contrast the following types of taxes: sales, excise, turnover, and value-added. Choose the one type that affects economy the most. Provide a rationale for your answer.

Compare and contrast consumption tax and income tax. Analyze the effects of each on the economy.

Reference no: EM131187375

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