please identify the principle of taxation being exemplified in each given scenario. Support your answer by explaining
Question:
please identify the principle of taxation being exemplified in each given scenario.
Support your answer by explaining it.
1. The Bureau of Internal Revenue has worked hard to increase tax collection to provide enough funding to the Build, Build, Build Program of the government.
2. The Municipal Mayor of Manila, during his People's Address, has discussed and presented the financial report regarding the projects and programs being implemented in the locality.
3. The minimum wage earners are exempted from paying the income tax return since their earnings are lesser than those whose salaries exceed the standard amount.
4. Linda, who is a manager, pays a lower income tax than Noel who is a supervisor.
5. The government failed to collect the target amount of tax for the year 2021. Therefore, some projects will not get enough funding for the year 2022.
principle of taxation
Fiscal Adequacy, Theoretical Justice or Administrative Feasibility.