taxation

Question 1

process or means by which the sovereign through its law making body imposes burdens upon subject within its jurisdiction

Answer 1

taxation

Question 2

promoting public welfare by restraining and regulating the use of liberty and property

Answer 2

police power

Question 3

the state raises revenue to defray the necessary expenses of the government

Answer 3

power of taxation

Question 4

power of the state to acquire private property for the public purposes upon payment of just compensation

Answer 4

power of eminent domain

Question 5

what are the three inherent power of the states?

Answer 5

police power
power of taxation
power of eminent domain

Question 6

provide funds of property to promote general welfare

Answer 6

primary: revenue

Question 7

device for regulatory or control

Answer 7

secondary: regulatory

Question 8

what are the purposes of taxation?

Answer 8

primary: revenue
secondary: regulatory

Question 9

what are the theory of taxation?

Answer 9

necessity theory
lifeblood theory

Question 10

-preserve the state’s sovereignty
-to give protection and facilities

Answer 10

necessity theory

Question 11

government’s basic function

Answer 11

lifeblood theory

Question 12

reciprocal duties of protection and support between the state and its inahabitants

Answer 12

basis of taxation

Question 13

scope of the power of taxation

Answer 13

comprehensive
unlimited
plenary
supreme

Question 14

essential elements of tax

Answer 14

enforced contribution
payable in money
proportionate
levied on persons, property, rights
levied by the law-making body
levied for public purpose

Question 15

aspects of taxation

Answer 15

levying or imposition of tax
assessment of the correct amount
collection of tax