All tax profits is topic to economic cycles and modifying taxpayer habits, but indirect taxes, like wide-dependent consumption taxes, tend to be more secure than taxes that target a slender tax foundation, such as cigarette people who smoke. (1900). The Supreme courtroom has not struck down an indirect tax as failing uniformity, although it has th… Read More

[10] In addition, the extent of regressive mother nature of the indirect tax relies on the kind of indirect tax.  Empirical evidence suggests that excise taxes are normally much more regressive than VAT. This may be attributed to The truth that excise taxes are levied on goods such as alcohol, tobacco, and these items comprise a higher share of bu… Read More