Institutions and Social Structures

Taxation

Economic Institutions

Taxation is an economic and political institution through which a government compels individuals and organizations within its jurisdiction to contribute money or resources, used to fund public goods, administration, defense and redistribution. Historical taxation institutions have ranged from tribute exacted by conquering states and labor-based levies to modern income, sales, property and corporate taxes administered through formal bureaucracies. As one of the oldest and most universal institutions of organized society, taxation has repeatedly shaped political history, from tax revolts and the principle of no taxation without representation to modern debates over tax policy's role in funding the welfare state and shaping economic behavior.

Facts
Membership Basis
Compulsory 1
Connections

Associated With

Tribute systems are widely treated as an early institutional form from which formal state taxation later developed, both extracting resources from a subordinate population for a ruling authority.

The welfare state redistributive programs are funded principally through taxation.

Studied By

Source Pierre Le Pesant, sieur de Boisguilbert (Wikipedia)
Source William Petty (Wikipedia)
Sources
1. Tax (Wikipedia)
English Wikipedia, intro text
Quote, English Wikipedia, intro text
A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate economic activity through measures designed to mitigate negative externalities.
View the Source
William Petty (Wikipedia)
Studied By: William Petty, Fiscal contributions
Quote, Studied By: William Petty, Fiscal contributions
Petty sought to establish principles of taxation and public expenditure
View the Source
Pierre Le Pesant, sieur de Boisguilbert (Wikipedia)
Studied By: Pierre de Boisguilbert, Taxation proposals
Quote, Studied By: Pierre de Boisguilbert, Taxation proposals
But his proposal to substitute for all aides and customs duties a single capitation tax
View the Source

Take a Related Quiz

Comments (0)
No comments yet. Be the first to share a thought.
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.

Society and Culture Atlas

How People Live Together
Sign In
Text size
100%
Theme