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Taxes: Major revenue for governments

Taxes: Major revenue for governments

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. A tax is a financial charge imposed on an individual or an entity a?? taxpayer a?? by a legislative authority such as the state or the government. It is a major source of revenue for the government of a country and is used by the latter for the development of the country, for pension schemes and for other macroeconomic policies. A tax may be a direct or indirect tax...