In economic terms, taxation transfers wealth from households or businesses to the government. This has effects that can both increase and reduce economic growth and economic welfare. Consequently, taxation is a highly debated topic with some, such as libertarians, classifying it as theft or extortion.
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In economic terms, taxation transfers wealth from households or businesses to the government. This has effects that can both increase
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In economic terms, taxation transfers wealth from households or businesses to the government. This has effects that can both increase and reduce economic growth and economic welfare. Consequently, taxation is a highly debated topic with some, such as libertarians, classifying it as theft or extortion.
Step-by-step explanation:
In economic terms, taxation transfers wealth from households or businesses to the government. This has effects that can both increase