1.) Relevance of the Taxation in the Philippines (What are the advantages and Disadvantages of Taxation in the PH?) 2.) Why is the Land of the Farmers today in the Philippines, haven't still retracted their Land because of the Government?

1.) Relevance of the Taxation in the Philippines (What are the advantages and Disadvantages of Taxation in the PH?) 2.) Why is the Land of the Farmers today in the Philippines, haven't still retracted their Land because of the Government?

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter10: Externalities

Section: Chapter Questions

Problem 4CQQ

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Question

1.) Relevance of the Taxation in the Philippines (What are the advantages and Disadvantages of Taxation in the PH?)

2.) Why is the Land of the Farmers today in the Philippines, haven't still retracted their Land because of the Government?

Rules by which an authority (usually a government) imposes a financial obligation on individuals or organizations within its domain. Property or transactions can be taxed. While taxes are primarily intended to fund the operation of a government, many tax laws are created to encourage or discourage certain behaviors by citizens or companies.

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