19Taxation Public ExpenditureMedium1 mark
The table shows government receipts from taxation in year 1 and year 2.
| year 1 ($ millions) | year 2 ($ millions) | |
|---|---|---|
| corporation tax | 20 | 40 |
| income tax | 200 | 220 |
| inheritance tax | 10 | 5 |
| tariffs | 55 | 50 |
| value-added tax | 60 | 70 |
What can be concluded from the table?