What was the other name given to the direct taxes?
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Answer:
These are largely taxes on income or wealth. Income tax, corporation tax, property tax, inheritance tax and gift tax are examples of direct tax.
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Explanation:
What are the examples of direct taxes?
Direct taxes include income tax, property tax, corporate tax, estate tax, gift tax, value-added tax (VAT), sin tax, and taxes on assets. There are also indirect taxes, such as sales taxes, where a tax is levied on the seller but paid by the buyer.
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