Page 4 - Test 1 Slides - 1. Introduction & Application Of Legislation
P. 4

INTRODUCTION & APPLICATION OF LEGISLATION




            Introduction









            • A government is responsible for the wellbeing of all

                its citizens; however, it needs money in order to


                provide the services required by its citizenry.



            • Most governments in the world collect the income


                that they need to provide for their citizens through


                taxation.



            • Taxation can take many forms. These will be


                discussed in detail










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