Economics Homework Help

Tax Systems that Existed Before The Goods and Services Tax Essay

 

Discuss in 1500-2000 words whether the GST is an example of a “good” tax system or not. What are its strengths? What are its drawbacks? Does it make sense to implement it in a developing economy like India? Does the institutional design of the GST make it an example of a “good” tax in the Indian context, if one were to examine it using the principles of a desirable tax system laid out in Stiglitz’s textbook.