You meet Joe at a party. Joe asks you what you do during the

week and you mention to Joe that you are a university student

and you are studying tax. Joe responds as follows: "taxes are

theft, they stifle economic growth, are unnecessary and unfair."

You are keen to provide an opposing view. Please explain what

your counter-argument would be. In your response, refer to at

least three functions of taxation. You will be assessed in your

answer to this question on your understanding of functions of

taxation.

Comprehend the commonly understood functions of taxation

and criteria used to evaluate a good tax system;

Conduct basic research and evaluate primary and secondary

sources of tax information;