Uganda, April 27 -- Over the past few weeks, tax and taxation debates dominated most political and economic agendas. Taxation as we know is the price we pay for civilisation and the lifeblood of any modern society, funding essential public services and infrastructure.

However, beneath the surface lies a complex web of interactions that often go unnoticed by the average citizen. One such phenomenon is the cascading nature of tax, a concept that has far-reaching implications for businesses, consumers, and the economy as a whole.

At its core, the cascading nature of tax refers to the tendency for taxes to be levied at multiple stages of production and distribution, leading to a cumulative increase in the overall tax burden. This occurs whe...