Synonyms for Indirect taxation:
What are the hypernyms for Indirect taxation?
A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
What are the opposite words for indirect taxation?
The antonyms for "indirect taxation" are "direct taxation." Unlike indirect taxes, these are imposed directly on individuals and corporations based on their income, property, or activity. Direct taxation systems typically aim to distribute the tax burden more equitably, with higher earners paying a larger percentage of their income. Examples of direct taxes include income tax, property tax, and corporate tax. Unlike indirect taxes, which may disproportionately impact low-income groups, direct taxes can be used to address income inequality and fund social services. While there may be debate about the best mix of direct and indirect taxes, understanding their differences is crucial for effective tax policy.
What are the antonyms for Indirect taxation?
Related words: indirect tax, direct tax, sales tax, income tax, property taxes
Related questions:
What is indirect taxation?
What is the difference between direct and indirect taxes?
What is the definition of an indirect tax?
Indirect taxes?
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