In 2020, the government of Saudi Arabia tripled its standard rate of Value Added Tax (VAT) from 5% to 15% to address a severe fiscal deficit, whilst maintaining its policy of levying no personal income tax on its citizens.
Evaluate whether a government seeking to consolidate its public finances should rely primarily on indirect taxation rather than direct taxation.
68 exam-style questions on OCR A Level Economics Fiscal policy. Each one has a worked solution and a mark scheme showing where the marks go.