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ARCHIVE: Where do your taxes actually go?

Making Money

CHAPTER

Tax Reform and Family Financial Strains

This chapter addresses the challenges of implementing tax reforms, specifically referencing a contentious 1990s policy aimed at increasing VAT on gas and electricity. It explores the balance between necessary fiscal policies and public resistance, alongside deep dives into the complexities of taxation and its impact on families, particularly in light of rising costs associated with child-rearing. The discussion also touches on generational shifts in family planning and the burden of education costs, painting a comprehensive picture of the financial pressures faced by today's parents.

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