...Is challenged with lots of factor to generate sufficient revenue that meet the nations expenditure. The nations population growth is so high and at moment the nation population is around 100 million. Hence the population of the country increase with the higher rate the government revenue is not in a position to cover the demand of public goods. Further the per capital income of an individual is low. To meet all public expenditure government want to review the existing tax structure of the country. With this effort scholars were consulted and all asserted different rate structure as a solution. Proportional rate, progressive rate, regressive rate, digressive rate were among the solution provided by the scholars. You as one of the accounting and finance expert called by the government to assert your own view. Which tax rate structure you advice the government to implement and what is your argument?
Assume the government of specific developing nation want to change the existing tax structure which?
- Posted:
- 3+ months ago by rahel mesay
- Topics:
- high, lots, nation, growth, government, structure, meet, tax, population, expenditure
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