The main objective of paying taxes is often to raise the necessary revenues for national expenditures.

The main objective of paying taxes is often to raise the necessary revenues for national expenditures.

Apart from collecting revenues, taxes are an instrument for regulation and
control with the goal of influencing patters of distribution, consumption
and production (OECD, 2018,p. 165)

The effect of taxes on the economy are quite vast and these effects might
not have a positive impact on the economy.

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APA

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