Indirect Tax Proposition

An indirect tax proposition refers to a proposed change or introduction of a tax that is levied on goods and services rather than on individuals directly. For example, sales tax added to a purchase is an indirect tax. Such taxes are collected by businesses from consumers and then passed on to the government. The proposition might involve adjusting rates, expanding tax to new products, or changing how the tax is applied, with the goal of generating revenue or influencing economic behavior. It’s a way for governments to collect funds without directly taxing income or personal assets.