What Are the Advantages and Disadvantages of Taxation to an Economy?

Answer

Some advantages of taxation to an economy are providing the government with revenue and to encourage or discourage growth of some industries. Taxation helps fund programs that help the poor. Disadvantages of taxation in to an economy include discouraging business. Other disadvantages are an increase in government control and penalizing hard work.
Q&A Related to "What Are the Advantages and Disadvantages of..."
Do you mean taxation existing at all? An advantage to taxation existing is in the provision of public goods. There are several goods that private industry has no incentive to provide
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When you purchase a car from a dealer, you're assessed the sales tax immediately when you take possession of the car and it's rolled into your payment plan. When you lease a car,
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As public say that it is useless business ,which take money ,time,savings and create restlessness in minds of people.Generally it does not take only money only but takes peace of
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Not my area of expertise but will try to answer based on what i have read all these years Advantage: More than the start-up, an IPO is the exit route for a VC who has invested in
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