Question

explane the source of tax​

Answer 1

Answer:

Tax is levied on income from many sources: Wages (selling labor) Interest, dividends, and gains from investment (selling capital) Self-employment (operating a business or selling a good or service)

There are two types of taxes namely, direct taxes and indirect taxes. The implementation of both the taxes differs. You pay some of them directly, like the cringed income tax, corporate tax, and wealth tax etc while you pay some of the taxes indirectly, like sales tax, service tax, and value added tax etc.Tax revenue is the income that is gained by governments through taxation. Taxation is the primary source of government revenue