Question
One of the following is a primary purpose of taxation a. Protection of local industries against foreign competition through imposition of high customs duties on
- One of the following is a primary purpose of taxation
a.
Protection of local industries against foreign competition through imposition of high customs duties on imported goods
b.
Reduction of inequalities in wealth and income by imposing progressively higher tax rates
c.
To secure revenue for the support of the government
d.
Strengthening of anemic enterprises giving tax exemptions
- Which of the following is not a secondary purpose of taxation?
a.
To secure as key instrument of social control
b.
To effect a more equitable distribution of wealth among people
c.
To achieve social and economic stability
d.
To raise revenue to defray the necessary expenses of the government
- The government cannot continue without means to pay its expenses and that it has a right to compel all its cities and property within its limits to contribute
a.
scope of taxation
c.
theory of taxation
b.
basis of taxation
d.
constitutional limitation
- Reciprocal duties of protection and support between the state and its inhabitants
a.
scope of taxation
c.
theory of taxation
b.
basis of taxation
d.
constitutional limitation
- Which is the best answer? A tax reform at any given time underscores the fact that
a.
Taxation is an inherent power of the state
c.
Taxation is a power that is very broad
b.
Taxation is essentially a legislative power
d.
The state can and should adopt progressive taxation
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