TAXATION AS A TOOL OF ECONOMIC DEVELOPMENT
The power of tax is not only the power to destroy but also to keep a live united supreme court
Building a strong economy is the literate concern of the second government one to the set back in standard of living in the universe caused by the Second World War, the arsis the need for the government of every country to be concerned with how the living standard of its citizen can be improved.
Challenges really stand out is the government when, the acted individuals who are not engaged in any productive activity and who unable to find work at the prevailing economic situations there is not enough social and infrastructures, facilities to sustain the populace and finance stands out right as the main source for the government to imp cement the above and lots more challenges standing before position to provide thus needs to the citizens because of the high cost involved which cannot be afforded by individuals and enterprises and the government affords this through the means it generate its revenues.
External defers is also another import and responsibility of the government to the subject purchases of aims and ammunition training and employment of individuals into the armed force to promote peace and tranquility which will further lead to moral economic and productive activities to enhance increase in the living standard of the people.
Taxation stands out as one of the best method of revenue stand generating and for economic control.
Full cognizance must be made to the area of economic management, no as not to9 allowed and part of the introduction of fiscal policy to control the economic situation the governments effort to maintain a good and workable fiscal policy will critically receive greater touch, since this affects the entire economic development where by the level of natural production of good or pen capital income increase is the ultimate objectives and aims of all or most countries of the worked. The adequacy of social goods with improvement in the stability of foreign exchange caring of export must not be left out in the objectives of any nation so taxation to the want to study to know its contribution to the entire economic development of a nation
TABLE OF CONTENT
TITLE PAGE i
APPROVAL PAGE ii
1.1PURPOSE OF THE STUDY
1.2SIGNIFICANCE OF THE STUDY
1.3SCOPE OF THE STUDY
1.4LIMITATION OF THE STUDY
1.5DEFINITION OF TERM
2.2WAYS OF EQUALITY
3.0SUMMARY OF FINDING, CONCLUSION AND RECOMMENDATION
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