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Question 2 (CLO 3) (20 marks) Refer to an article by Public Finance UK entitled Treasury considers' online taxes. The article asserts that the British

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Question 2 (CLO 3) (20 marks) Refer to an article by Public Finance UK entitled Treasury considers' online taxes". The article asserts that the British government is proposing an online tax owing to spur of certain business as a result of Covid-19 pandemic. It is well understood that the success of online businesses comes at the expense of retail properties (traditional business that depends on physical store). Analyse and discuss why the government want to introduce the online sales tax and what is the implication from the introduction of the online sales tax to the tax revenues of Britain. How to ensure that the distribution of tax is so called fair? Provide your analysis to examine the criteria for evaluating alternative method of government finance. Think of other alternatives that may be useful to raise the tax revenue of the country during Covid-19 pandemic. Discuss their advantages and disadvantages

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