1. Used stabilise the economy
2. For redistribution of labour
3.To cover costs of administration by the government
4. To reduce inequality of income through progressive taxation
5. Aims at controlling consumption of commodities and service regarded harmful to the people e.g. beer
6. May be used to control rural-urban migration
7. May be used to correct the level of regional imbalances in economic development
8. To reduce rate of inflation or control it
9. To protect strategic domestic industries
10. Can be used to promote export by discouraging imports
johnmulu answered the question on January 30, 2017 at 11:32
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