Should Income Tax be removed?
Taxes are one of the primary sources of incomes of the government, and income tax definitely makes up a significant part of the income. If the income tax is removed, it might have a significant impact on the government’s income, which will have to be supplemented somehow. Hence, it might not be practical to remove income tax in its entirety. However, it is also true that the system is not perfect, and many either don’t pay income tax, or take advantage of loopholes to pay less. Instead of removing the income tax, perhaps a tax reform might help more?
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