General Principles of Taxation: Public Finance Concepts and Study Guide | 2026 Update

General Principles of Taxation _ PublicGeneral
FinancePrinciples
Conceptsofand
Taxation
Study _Guide.pdf
PublicGeneral
FinancePrinciples
Conceptsofand
Taxation
Study _Guide.pdf
Public Finance Concepts and Study Guide.pdf




General Principles of Taxation | Public
Finance Concepts and Study Guide




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General Principles of Taxation _ PublicGeneral
FinancePrinciples
Conceptsofand
Taxation
Study _Guide.pdf
PublicGeneral
FinancePrinciples
Conceptsofand
Taxation
Study _Guide.pdf
Public Finance Concepts and Study Guide.pdf

,GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf


Terms in this set (85)



The process or means by which the sovereign, C
through its law-making body, raises income to
defray the expenses of the government
a. Toll
c. Taxation
b. License fee
d. Assessment


The proportional contribution by persons and a
property levied by the law-making body of the State
by virtue of its sovereignty for the support of the
government and all public needs is referred to as
a. Taxes
c. License fees
b. Toll
d. Assessment




GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf

,GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf




The primary purpose of taxation is d
a. To encourage the growth of some industries
through the proper use of incentives
b. To implement the police power of the State
c. To reduce excessive inequalities of wealth
d. To raise revenue for governmental needs




GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf

, GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf




Which of the following is not a secondary purpose of d
taxation?
a. To serve as key instrument of social control
b. To effect a more equitable distribution of wealth
among people
c. To achieve social and economic stability
d. To raise revenue to defray the necessary expenses
of the government


Which theory in taxation states that without taxes, a b
government would be paralyzed for lack of
power to activate and operate it, resulting in its
destruction?
a. Power to destroy theory
c. Sumptuary theory
b. Lifeblood theory
d. Symbiotic doctrine




GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf GENERAL PRINCIPLES OF TAXATION.pdf