direct vs indirect tax ESSAY PLAN

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4 Terms

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paragraph 2

moving away from direct taxation and towards indirect tax will be regressive

2
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logic chain

higher indirect taxes - tax is as a % of spending - low income groups save a lower % of their income

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logic chain 2

therefore they spend a greater proportion of their income - therefore increase in taxes of spending has a greater effect - worsens inequality

4
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example

increasing VAT at a time when the cost of living is already increasing is likely to have a significant effect