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Using your own words/understanding, answer the following questions: 1. In what way can the purpose of taxation be considered as non-revenue objectives? 2. Differentiate the

Using your own words/understanding, answer the following questions: 1. In what way can the purpose of taxation be considered as non-revenue objectives? 2. Differentiate the following classifications of taxes: a. Progressive vs Regressive b. National vs Local C. Specific vs Ad valorem d. Direct vs Indirect Given the following annual salaries of the employees, compute for their taxes: (all in peso amount) 1. 230,000 2. 380,000 3. 600,000 4. 810,000 5. 5,550,000 6. 9,000,000

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