What will happen if the government increases the taxes?
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khushi9012
If government increase the tax the mediocer and poor are in tension and all that.........and there is increase in price of some items also....
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akashdeykolpaiuc5
From the business point of view, prices of commodities will increase because of the corporate rate tax put on them by govt. Customers on the other hand will also face problem because of increase in tax rates. But tell me, if customers will have to pay tax as well as businessman, then.........
akashdeykolpaiuc5
customers will have low purchasing power to buy goods. And businessman will increase prices. And there are more number of customer strength in a country. And with less demand because of low purchasing power, the prices should decrease.
akashdeykolpaiuc5
Then why is it told that prices will increase in an overall manner?
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