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The tax system is said to have five functions, and in developing countries, the growth function is of utmost importance. a) Critically evaluate the impact

The tax system is said to have five functions, and in developing countries, the growth function is of utmost importance.

a) Critically evaluate the impact of the tax system on economic growth through the channels of the incentives to work, save and invest. You are reminded to illustrate with the use of diagrams where applicable.

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