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What is Understanding Taxation: Principles and Theories about?

This document discusses the concept of taxation. It provides 3 key points: 1) Taxes are the lifeblood of the state and allow the government to operate to provide welfare benefits and protection to its citizens. This symbiotic relationship between taxes and government benefits is the rationale for taxation. 2) The power to tax is an inherent power of sovereignty that is necessary for a state to preserve itself and provide resources like the military, civil services, and public infrastructure to citizens.

Author

Romavel Delos santos

Language

EN