What is the power of taxation?

Answer 1

Because it is how governments fund what the society considers important and wants it to provide.

It can also act as a way to shift some of the wealth from those with much to those with less.

Answer 2

It is simply the power to create taxes in order for the government to get money.

In a more technical sense, it refers to the inherent power of the State through the law-making body to impose proportionate burden among its inhabitants in order to raise revenue to finance government operations and expenditures.

Answer 3

It is how the government pays and provides for all the things the society it governs wants and needs. In most all ways it is much more important to the society members than the government. They really can't survive without it. A government, as has been done for eons, can take control by force, and use it's power to take what it wants and keep it only for it's benefit.

Answer 4

For many purposes;there are certain expenses the government has no choice in paying each year. This mandatory spending means that certain programs and services the federal government supports cannot survive without annual tax revenue. This type of spending accounts for approximately two-thirds of all revenue the government collects through taxes. Some of the largest recipients of these funds are health-care programs, the military, creditors of the government, food stamp programs, veterans organizations and transportation. Since it is mandatory for the government to make these payments, Congress has no power to eliminate certain expenses from the annual budget. It can, however, tighten the eligibility requirements for each program, which effectively reduces the amount of tax revenue that will fund it.

Answer 5

to raise money for the operations of government

Answer 6

Because taxes pay for government and municipal services and pay the salaries of government officials.

Answer 7

Because it's there main source of income, without tax money, they wouldn't be able to spend any money building infrustructure, funding the police etc.

Answer 8

The lack of that power had been one of the shortcomings of the government under the Articles of Confederation.