Archive · 7 Aug 2025

Consumers Pay the Majority of Collected Taxes, Article Claims

Consumers Pay the Majority of Collected Taxes, Article Claims

Imagine taxes like money the government uses to pay for things like roads and schools.

There are different kinds of taxes.

Some are direct, like income tax, paid straight from your paycheck.

Others are indirect, added to the price of things you buy.

This article says that consumers end up paying most of these taxes.

When you buy something, the price often includes taxes like GST, excise duty, and customs duty.

Businesses sometimes pay taxes, but they often pass the cost to you in the form of higher prices.

So, when you buy fuel or a foreign car, you are also paying the taxes on them.

Sources