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Abu added story in Current Affairs / News
2026-01-04 02:24:18

Effects of Taxation on Poor Countries

Negative Effects of Tax on a Poor Country 1. Increased Poverty & Cost of Living When governments raise taxes on basic goods (like food, fuel, transport), prices go up. Poor households feel it the most because they spend most of their income on daily needs. 2. Reduced Small Business Growth High taxes discourage small and informal businesses. Many people avoid registration,...

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