In 2018, the South African government increased its standard Value Added Tax (VAT) rate from 14% to 15% to raise revenue and address its widening fiscal deficit, while resisting calls to raise the top marginal rate of personal income tax.
Evaluate whether a government should rely more on indirect or direct taxation as a source of revenue.
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.