Do governments benefit more from eliminating black markets or from regulating them?
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Answered by
18
yes, government get benefit more from eliminating black money as black money led to the end of tax payee. and tax Is the main income of government and important for development of a country
Answered by
1
Yes the Government benefits from eliminating the black market since the persons involving in black market activities do not pay for tax. When eliminating the black market they ensure that all the activities that run for business are taxed for hence building up its revenue for funding up public service for the well being of the common citizen. businessse should not evade tax payment.
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