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Abstract

The ultimate object of taxation is to reserve goods and services for public purposes. Since a nation’s economic output is produced by the combined activity of millions of private individuals, some method has to be found to prevent them from appropriating the whole lot for their own personal use.

Keywords

Public Consumption Private Consumption Private Saving Economic Justification Direct Taxation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Robert Anthony Rayman 2013

Authors and Affiliations

  • R. A. Rayman

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