Taxation as we know is the price we pay for civilisation and the lifeblood of any modern society. But beneath the surface lies a complex web of interactions that often go unnoticed by the average citizen. At its core, the cascading nature of tax refers to the tendency for taxes to be levied at multiple stages of production and distribution. This occurs when a tax is applied not just to the final sale of a product or service, but also to the inputs and processes that go into creating
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