Indirect Tax Policy Raises Poverty

Reliance on indirect taxes raising poverty

The government's excessive reliance on indirect taxes such as value-added tax (VAT) is putting a higher burden on low-income individuals, leading to a rise in poverty and inequality, according to the findings of a study released yesterday.

March 3, 2024
March 3, 2024

Reliance on indirect taxes raising poverty

The government's excessive reliance on indirect taxes such as value-added tax (VAT) is putting a higher burden on low-income individuals, leading to a rise in poverty and inequality, according to the findings of a study released yesterday.