Chapter 7 Fundamental Principles Taxation Defined Taxation jgithe/prOeees OF means! By [Slory] je"Soverelgn (independent state), | Under American Juregucerce its law making body (the . burdens upon inherent in legislature), ‘subjects and In simple terms, itis the act of levyingya taxT™ . The power to tax proceeds the aste _t0°pportion-the cost of goverment amon those who, in some measure, ai ot te joy it and oe this power is an ‘and ; It iS a power inherent in every sovereign state being essential to the belonging 4 existence of every government. Hence, — every dependent a even if not mentioned in the constitution, Therefore, any constitutional provision regarding the state’s power to tax should “ but merely a limitation on the state's power to tax. ‘on the other hand, and) f the state by virtue of its sovereignty for the support of the government and all public needs.