What Is Taxation?


Taxation is a way through which government finances its spending by imposing some charges on its citizens and business entities. It uses taxation to promote or discourage certain financial decisions. It is a way of raising revenue by the government.
Q&A Related to "What Is Taxation"
Taxation is used to raise revenue which funds essential government operations such as infrastructure projects, the military and educational systems. Many governments (including the
it is a man with taxes
Taxation in its most essential form is based on the notion that individual citizens "sign" a contract that gives moral legitimacy to a governing body. Why would someone
Taxation:1:charge against a citizen's person or property or activity for the support of government;
2 Additional Answers
Ask.com Answer for: what is taxation
the act of taxing.
the fact of being taxed.
a tax imposed.
the revenue raised by taxes.
Source: Dictionary.com
Taxation refers to the charge against a citizen's person income or property or activity for the support of government activities.
Explore this Topic
The purpose of taxation is to raise revenues for the functioning and running of the government machineries. Taxation also improves the services the government ...
Some advantages of taxation to an economy are providing the government with revenue and to encourage or discourage growth of some industries. Taxation helps fund ...
Taxation with representation is a slogan used by citizens who they feel that they are being taxed without having a representative to hold accountable. Washington ...
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