Question

what is meant by tax and subsidy ​

Answer 1

Explanation:

A tax subsidy is an intentional reduction of the tax burden granted to certain business or industry to promote consumption or production. It is a benefit awarded by a government as an economic incentive.

Answer 2

Explanation:

A tax subsidy is an intentional reduction of the tax burden granted to certain business or industry to promote consumption or production. It is a benefit awarded by a government as an economic incentive.

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