Taxation 101

The process of privatizing government services to raise income.

The process of reducing government expenses by cutting programs.

The process of borrowing money from other countries to fund government expenses.

The process of raising income to defray the necessary expenses of the government. (correct)

To fund personal projects of government officials.

To raise income for the government. (correct)

To provide subsidies for private businesses.

To reduce government expenses.

RA 8424 NIRC of 1997, RA 10963 TRAIN/CREATE, City/Municipal Ordinances, Barangay Ordinances.

1987 Constitution, RA 8424 NIRC of 1997, City/Municipal Ordinances, Barangay Ordinances.

1987 Constitution, RA 8424 NIRC of 1997, RA 10963 TRAIN/CREATE, City/Municipal Ordinances, Barangay Ordinances. (correct)

1987 Constitution, RA 10963 TRAIN/CREATE, City/Municipal Ordinances, Barangay Ordinances.

<p>The process of raising income for the government</p> Signup and view all the answers

<p>To raise income for the government</p> Signup and view all the answers

<p>Inherent power of the state</p> Signup and view all the answers