Explain what “tax expenditure” means. (2) Explain the purpose of a tax expenditure.

Explain what “tax expenditure” means. (2) Explain the purpose of a tax expenditure.

Details: * Explain what “tax expenditure” means. (2) Explain the purpose of a tax expenditure. (3) Give one example of a tax expenditure, and explain its impact.
* Requirements: 250 words minimum initial post, 100 words minimum reply
*
* 1) Explain what “Value-Added Tax” (VAT) means. (2) Explain when (in what circumstances) and why a VAT is likely to be used. (3) Give one example of a VAT, and explain the process through which the VAT is imposed.
* Requirements: 250 words minimum initial post, 100 words minimum reply

Subject: Public Policy finance

Format: APA

Spacing: double spaced

Number of pages: 2

Number of sources: 0

Powerpoint Slides: 0

Deadline: 04/06/2021

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