Question

what are the major theories of taxation​

Answer 1

Explanation:

The two main theories of taxation are the benefit theory of taxation and the ability to pay theory. Their origins go back some several hundred years. Over time, they have become modified and elaborated upon but the basic concepts underlying them have remained the same.

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Answer 2

Answer:

The two main theories of taxation are the benefit theory of taxation and the ability to pay theory. Their origins go back some several hundred years. Over time, they have become modified and elaborated upon but the basic concepts underlying them have remained the same.