the power of the government or state to inforce and money mandatory or compolsory money contribution from the people to suppurt the needs of the nation.
Like all governments, that is the principle way in which governments raise revenue with wihich to operate.
Taxation and budgeting have nothing to do with any gaps between rich and poor. Anyone who tells you they do is simply a propagandist trying to convince you to give the government more power and control.
outline the reasons for taxation
role of taxation in business
example of power taxation
The power of taxation is that every government needs it. No country can survive without the money that is brought in from taxation.
There is a great debate over who should have power over taxation. The leader of the nation usually holds this power.
taxation as the power of the state, is synonymous to the point that it is taxation is the source of the power of the state. Taxation is the levying of tax, taxes is the lifeblood of the government. It is because of tax that the government is able to finance and realized its programs and projects to the people. The people are dependent to the government, the government is dependent to taxes. Therefore, there could be no government when there is no taxation or stated plainly as there is government when there is taxation, and there is taxation when there is government.
Police Power Power of Eminent Domain Power of Taxation
The power of taxation cannot be delegated because it is a fundamental sovereign power of the government. Delegating this power could lead to abuse and lack of accountability. Additionally, delegating the power of taxation could create confusion and inefficiencies in the tax system.
The states had more power over taxation under the Articles of Confederation.
"No taxation without representation"
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Inherent and Legislative Power
1. police power 2. eminent domain 3. power of taxation