What is the effect of taxation on savings
Dear Student,
Taxation reduces the savings which means low level of investment and low level of investment will have a negative impact on our economic growth of our country. therefore we can say that tax is considered as an obstacle on the ability to work save and invest
Taxation reduces the savings which means low level of investment and low level of investment will have a negative impact on our economic growth of our country. therefore we can say that tax is considered as an obstacle on the ability to work save and invest