5. SIMILARITIES OF THESE POWERS
• These are methods of the government to
interfere with private rights.
• They all presuppose an equivalent compensation for the
private rights interfered with.
• They are exercised primarily by the
legislative branch of the state.
6. LIMITATIONS OF THESE POWERS
• These powers can’t be exercised to trample
rights guaranteed under the Bill of Rights
▪ Exercise of these powers are subject at all times to the limitations
and requirements of the constitution.
18. Power
of Taxation
Power to impose and collect
revenues for the operation of
the government for the people.
19. Power
of Taxation
BIR is responsible of collecting,
assessing and imposing taxes to
be used for public operations
of the government.
20. Power
of Taxation
The purpose of taxation is to raise
funds to support the government
and the services for the public.
21. Power
of Taxation
The importance of taxation is derived
from the unavoidable obligation of
the government to protect the people
and extend benefits.