direct taxes are paid by rich and indirect taxes are paid by poor" explain this statement
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Molecule is a substance with two or more atoms bonded together such as the oxygen humans breathe (O2). Elements are pure substances made up of all the same atoms such as gold (Au), hydrogen (H), and oxygen (O). ... Compounds are two or more elements bonded together such as table salt (NaCl).
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While direct taxes are imposed on income and profits, indirect taxes are levied on goods and services. A major difference between direct and indirect tax is the fact that while direct tax is directly paid to the government, there is generally an intermediary for collecting indirect taxes from the end-consumer.
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