QIESTION THREE

a Describe the characteristics of a good tax system. How do you rate the Zambian tax system in this context? $[6$ marks$]$

b$.$ Discuss the merits and demerits of direct and indirect taxes. Do you think indirect taxes are regressive? How can they be made progressive? $[9$ marks$]$

QUESTION FOUR

a$)$ Explain different types of decentralization? $[5$ marks$]$

b$)$ Discuss the ten points of the Washington consensus $[10$ marks$]$

QUESTION FIVE

There are various types of taxes, broadly divided into two heads $-$ direct and indirect taxes.

a$)$ Describe a withholding tax $[2\mathrm{.}5$Marks$]$

b$)$ Why is tax viewed as a burden today $[2\mathrm{.}5$Marks$]$

C$)$ What does government do with the revenue it collects? $[10$ Marks$]$