Strongest among the inherent power of the state7. Refuse to pay your property taxes and you will see who really owns your house. Learn more about taxation in this article. Inherent power of sovereignty2. Sovereignty in tagalong is Karapatang Mamahala. Taxation, imposition of compulsory levies on individuals or entities by governments. Taxation is the inherent power of the state, acting through the legislature, to impose and collect revenues to support the government and its recognized objects. It exists apart from constitutions and without being expressly conferred by the people. Legislative in nature3. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well. Territorial in operation5. The power of taxation is inherent in Sovereignty, it is essential or important to the existence of every government. 1. - But First I want you to know the meaning of Sovereignty. Exemption of the government6. - But why? Any guest? Well’ going to discuss is about the NATURE OF POWER OF TAXATION. Simply stated, taxation is the power of the State to collect revenues for public purpose. Answer (1 of 3): Nature of taxation1. But how it relates to taxation? Taxes are also called contributions, as if it had been a matter of … Subject of constitutional and inherent To say that taxes are a form of theft may seem a bit over the top, but refuse to pay your taxes and you will be thrown in jail. – The power of taxation is inherent in sovereignty as an incident or attribute thereof, being essential to the existence of every government. (1) It’s inherent in sovereignty. Governments have done a wonderful PR job: They call us taxpayers, not victims, and the taxes are somehow "collected," not stolen. Nature of the power of taxation. Why do you think it is important? Public purpose4.

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