The taxation policy of a government shows more than anything else how it wants the fiscal burden to be distributed between different classes of society. It gives an idea of what a government thinks of those who in the economy have money and who do not. It also shows how a government views the income differential between social classes and what it intends to do about it. Does the policy lean more on measures designed to soak the rich or does it seek to offer sops to the masses? Is the policy soft towards big business or harsh on small industries? Does it make a significant distinction between taxing domestic and foreign companies? A country's choice of taxes and tax rates offers an uncanny, keyhole view of a government's ...

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