General Principles of Taxation

To provide benefits to the privileged

To distribute the costs of government (correct)

To raise revenue for the government

To burden the privileged

Fiscal adequacy

Necessity theory

Lifeblood theory (correct)

Benefits-received theory

Fiscal adequacy, benefits-received theory, administrative feasibility

Administrative feasibility, theoretical justice, fiscal adequacy

Theoretical justice, administrative feasibility, fiscal adequacy

Fiscal adequacy, theoretical justice, administrative feasibility (correct)

<p>Power of taxation, police power, and eminent domain (B)</p> Signup and view all the answers

<p>The inherent power of the sovereign exercised (B)</p> Signup and view all the answers