What are the consequences of tax evasion?
Tax evasion can lead to significant financial losses for governments, affecting public services and infrastructure.
How does tax evasion impact the economy?
It can create an unfair tax burden on honest taxpayers and reduce overall economic growth due to less public investment.
Are there any social consequences of tax evasion?
Yes, it can increase inequality and undermine trust in the tax system, leading to social unrest.
What measures can be taken to combat tax evasion?
Governments can enhance enforcement, increase transparency, and implement stricter penalties for evaders.
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