Question

tax on income and tax on good which of these two affects the rich the most and which affects the poor the most ? give reason for​

Answer 1

The answer to your question could be this:-

The tax on income or income tax will affect the rich the most whereas the tax on goods and services or GST (Good and Services Tax) will affect the poor the poor the most.

The reason for the above observation is that rich will never get affected by GST because he/she is "rich" but the rich will always be taxed a lot based on income because the rich earn a lot. The poor don't earn a lot and that is why their income tax is negligible but because they don't have a lot of money, GST gives a hard blow (punch) to them.

Answer 2

Explanation:

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