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The Epic Interactive Encyclopedia 1997
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taxation
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1992-09-03
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316b
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10 lines
Taxation is the raising of money from
individuals and organizations by the state in
order to pay for the goods and services it
provides. Taxation can be direct (a deduction
from income) or indirect (added to the
purchase price of goods or services, that is,
a tax on consumption).
Subject by: Simon Wiseman