4.3.6 - Impact of taxation
Unit 4.3.6 - Impact of taxationThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the impact of taxation on: (1) consumers, (2) producers, (3) the government, and (4) the economy as a whole.The impact of taxation depends on the tax base and the tax burden on the different economic agents (consumers, producers, and the government). In turn, this impacts on the economy as a whole.