Posted: October 19th, 2016

Compare and contrast the two types of taxation and assess, making use of relevant examples, the extent to which each meets the desirable characteristics of a “fair” system of taxation

Consumption[VAT],not income tax is often thought to be a fairer basis on which to levy a progressive tax. Compare and contrast the two types of taxation and assess, making use of relevant examples, the extent to which each meets the desirable characteristics of a “fair” system of taxation. Answer should include: Introduction and discussion of each type of taxation. Introduction and discussion of each desirable characteristic. Discussion and assessment of the extent to which each type of taxation fulfills the characteristics of a desirable system. Formation of a logical conclusion following well reasoned argument. Structure/referencing/bibliography.