Question

what is general tax? how does a general tax differ from selective tax​

Answer 1

Answer:

Taxes allow the government to perform and provide services that would not evolve naturally through a free market mechanism, for example, public parks. Taxes are the primary source of revenue for most governments. Governments also use taxes to establish income equity and modify consumption decisions.

Answer 2

Explanation:

• a general tax refers to the tax that applies to all our goods and services and where taxes are at the same rate. On the other hand selective taxes refers to a sales tax confined to a particular commodity or a limited number of commodities such as on liquor , gasoline and other petroleum products