Podcast
Questions and Answers
What is the power by which the sovereign state raises revenue to defray necessary expenses of government?
What is the power by which the sovereign state raises revenue to defray necessary expenses of government?
Taxation
According to the 'lifeblood theory', why is taxation considered crucial for the government?
According to the 'lifeblood theory', why is taxation considered crucial for the government?
No government can survive without it
What are the other two inherent powers of a sovereign state besides taxation?
What are the other two inherent powers of a sovereign state besides taxation?
Power of eminent domain and police power
What does the power of eminent domain refer to?
What does the power of eminent domain refer to?
What does the power of taxation allow the government to do?
What does the power of taxation allow the government to do?
What is the meaning of 'inherent' in relation to the power of taxation?
What is the meaning of 'inherent' in relation to the power of taxation?
What is the basis of the power of taxation?
What is the basis of the power of taxation?
How is the power of taxation described in terms of limitations?
How is the power of taxation described in terms of limitations?
What are the similarities between the power of taxation, eminent domain, and police power?
What are the similarities between the power of taxation, eminent domain, and police power?
What is the compensation in taxation vs. eminent domain?
What is the compensation in taxation vs. eminent domain?
How does taxation differ from police power in terms of purpose?
How does taxation differ from police power in terms of purpose?
Who has the authority to exercise the power of taxation?
Who has the authority to exercise the power of taxation?