1. Statement: Should taxes on colour television be further increased? Arguments: Yes, Colour television is a luxury item and only rich people buy them. No, Televisions are bought by the poor too.
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By: guest on 02 Jun 2017 01.29 am
Clearly, taxes on an item cannot be increased or decreased on the basis of the financial position of the people who buy it. So, both arguments I and II do not hold strong.