Why are direct taxes as a percentage of GDP generally lower and indirect taxes as a percentage

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Why are direct taxes as a percentage of GDP generally lower and indirect taxes as a percentage of GDP generally higher for LDCs than DCs? Why is heavy reliance on indirect taxes as sources of revenue often disadvantageous to LDCs?

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Economic Development

ISBN: 9781139334747

5th Edition

Authors: E Wayne Nafziger, E Wayne Nafziger Dr

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Question Posted: Oct 22, 2024 03:03 AM

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Why are direct taxes as a percentage of GDP generally lower and indirect taxes as a percentage

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Economic Development

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