Answer (1 of 3): Nature of taxation1. (1) It’s inherent in sovereignty. Inherent power of sovereignty2. Taxes are also called contributions, as if it had been a matter of … Territorial in operation5. Refuse to pay your property taxes and you will see who really owns your house. Public purpose4. - But why? Subject of constitutional and inherent Simply stated, taxation is the power of the State to collect revenues for public purpose. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well. Learn more about taxation in this article. – The power of taxation is inherent in sovereignty as an incident or attribute thereof, being essential to the existence of every government. 1. Strongest among the inherent power of the state7. To say that taxes are a form of theft may seem a bit over the top, but refuse to pay your taxes and you will be thrown in jail. Legislative in nature3. Taxation is the inherent power of the state, acting through the legislature, to impose and collect revenues to support the government and its recognized objects. - But First I want you to know the meaning of Sovereignty. Well’ going to discuss is about the NATURE OF POWER OF TAXATION.
Taxation, imposition of compulsory levies on individuals or entities by governments.
Any guest? Sovereignty in tagalong is Karapatang Mamahala. The power of taxation is inherent in Sovereignty, it is essential or important to the existence of every government. Why do you think it is important? But how it relates to taxation? Exemption of the government6. Nature of the power of taxation. Governments have done a wonderful PR job: They call us taxpayers, not victims, and the taxes are somehow "collected," not stolen. It exists apart from constitutions and without being expressly conferred by the people.
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