Prepare a report that covers the following:

$($a$)$ An exploration of the relationship between the canons of taxation and economic

efficiency. $(5$ marks$)$

$($b$)$ A discussion of how adherence to the principles of equity, certainty, convenience,

and economy can promote efficiency in tax systems. $(5$ marks$)$

$($c$)$ An evaluation of the extent to which policymakers prioritize the canons of equity,

certainty, convenience, and economy in designing tax policies and reforms.

$(5$ marks$)$

$($d$)$ An assessment of the trade$-$offs between efficiency and other policy objectives,

such as equity and administrative feasibility. $(5$ marks$)$

$($e$)$ Recommendations for optimizing tax system performance. $(5$ marks