Name the different tax paid by the public and their purposes
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Answer:
*Sales tax/VAT – an indirect tax on the sale of goods.
*Production taxes – taxes on particular goods/services.
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Types of Taxes:
There are two types of taxes namely, direct taxes and indirect taxes. ... 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
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