Multiple choice 1. Taxation is NOT: a. A contribution for the support of a government required of persons, groups, or businesses within the domain of that government b. A means by which governments finance their expenditure by imposing charges on citizens and corporate entities c. An act by which the sovereign, through its lawmaking body, raises income to defray the necessary expenses d. The process by which the sovereign through its law-making body, imposes burdens upon subjects or objects within its jurisdiction for the purpose of raising revenues to carry out the legitimate objects of the government

Multiple choice 1. Taxation is NOT: a. A contribution for the support of a government required of persons, groups, or businesses within the domain of that government b. A means by which governments finance their expenditure by imposing charges on citizens and corporate entities c. An act by which the sovereign, through its lawmaking body, raises income to defray the necessary expenses d. The process by which the sovereign through its law-making body, imposes burdens upon subjects or objects within its jurisdiction for the purpose of raising revenues to carry out the legitimate objects of the government

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter16: The Public Sector

Section16.4: Public Choice Theory

Problem 1YTE

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