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TAXATION AS A MAJOR SOURCE OF GOVERNMENT FUNDING

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY Taxation is a major instrument for the conduct of public policy. This is true for both developed and developing countries. Taxation is known to accomplish a number of objectives revenue generation for government, economic stabilization and income re-distribution. Taxation as an instrument of public policy is essentially concerned with the manipulation of financial operations of both the government anti private sectors with ...

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