Search results for keyword: levy
tax item
Taxation
Taxes are a mandatory financial obligation imposed by governmental entities on individuals, businesses, and other entities. Taxes are used by governments to fund their activities, such as providing public services, administering public works projects, and conducting research and developme......
07/07/2023 
1038 
Lila
benefit tax
Taxing for the Benefit of Society
Taxation is an important part of any government’s responsibility in order to fund their public services. Taxation is a compulsory levy imposed by the government, on individuals or businesses, in order to raise revenue or funds for various public purposes such as......
double taxation
Double taxation is a taxation system wherein the same taxable income or gains are taxed twice, in two different taxing jurisdictions. This system generally exists when income is taxed at both the corporate level and personal level. Double taxation is seen as undesirable for many reasons, including......
tax book
Taxation
Taxes of various types are a part of life today, from income taxes and property taxes to sales taxes and excise taxes. They are levied by different levels of government, from the local, to the state, and on to the federal government. Taxation is the financial levy imposed by a government......
william petty tax ideas
William Pit the Taxation Philosophies
Sir William Pit was an English economist, statesman and advocate of taxation philosophies during the mid-seventeenth century. He is best remembered for his innovative proposals on reforming fiscal and fiscal policies and his pioneering work on mercantilism. I......
Adam Smith's Taxation Principles
Adam Smith’s principles of taxation have served as a highly important influence on the development of economic thinking over the past centuries. Smith’s major contribution to the discussion of taxation is summed up in the phrase “The Invisibility of Taxation.” This principle suggests that any ......
Thomas Hobbes tax ideas
Thomas Hobbes on Taxation
Thomas Hobbes (1588-1679) was an English philosopher who is best known for his work, Leviathan. In Leviathan, Hobbes discusses politics, society, and law. One of the issues he discusses is taxation. He argued that taxation is necessary and can be a form of civic virtue.
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Thomas Mann's Tax Thoughts
Thomas Malthus and the Idea of Taxation
Thomas Malthus (1766-1834) was an influential English cleric and philosopher best known for his theories on population growth. He is widely regarded as one of the forerunners of modern economics, and his ideas on taxation have had an immense impact on the w......
Principles of Tax Law
Tax law based on the rule of law
Tax law can be defined as a body of law that governs taxation. It is largely concerned with the ability of governments to levy taxes and how taxes are collected. Generally, tax law is composed of statutes and regulations, with the purpose of raising revenue to fun......
tax management system
Taxation System
Introduction
Taxation is a fundamental part of our lives in the modern world. Governments need to collect taxes to fund necessary expenditure, such as infrastructure, public services, and welfare. The way an economy, society and government works depends upon how taxes are collect......
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