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Aug 01, 2018 this pdf file for class 12 economics subjects national income topic contains brief and concise notes for easy understanding of topics and quick learning. It suggests a tax and growth ranking of taxes, confirming. Use features like bookmarks, note taking and highlighting while reading the economics of taxation the mit press. This note provides a basic framework of public finance at the microeconomic level, starting from a general theory of taxation on commodity, income and corporate profits and then extending issues of tax evasion and compliance, and tax reform. It provides a brief overview of economic issues in tax law, including distribution and efficiency in general, the role of administrative and political economy concerns in an income tax, the choice between income and consumption taxation, the significance of entity.

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