which budgetary objective is fulfilled when government reduces taxes in order to induce public to spend more on consumption and investment ??
Dear student
Taxes are the fiscal tool of the government which is used by the government to reduces the gap between rich and poor. Here, redistribution of income and wealth budgetary objective of the government is fulfilled.
Regards
Taxes are the fiscal tool of the government which is used by the government to reduces the gap between rich and poor. Here, redistribution of income and wealth budgetary objective of the government is fulfilled.
Regards