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GENERAL PRINCIPLES -IS AN INHERENT POWER OF THE SOVEREIGN STATE -EXERCISED BY THE LEGISLATURE -IMPOSING PROPORTIONATE BURDEN UPON PERSONS, RIGHTS, PROPERTIES AND TRANSACTIONS -TO RAISE REVENUE -FOR THE DEFRAYAL OF GOVERNMENT INHERENT POWERS OF THE STATE TAXATION POWER POLICE POWER POWER OF EMINENT DOMAIN COMPARISON OF THE THREE POWERS OF THE STATE Point of Difference Taxation Police Power Eminent Domain Exercising Authority Government Government Government & Private Utilities Purpose For the support of the Government To protect the general welfare of the people For public purpose Persons Affected Community or class of individuals Community or class of individuals Owner of the property Amount of Imposition Unlimited Limited No amount imposed Importance Most important Most Superior Important COMPARISON OF THE THREE POWERS OF THE STATE Point of Difference Taxation Police Power Eminent Domain Relationship with the constitution Inferior to the “NonImpairment Clause” of the Constitution Superior to the “NonImpairment Clause” of the Constitution Superior to the “NonImpairment Clause” of the Constitution Limitation Constitutional and inherent limitations Public Interest and Due Process Public Purpose and just compensation SCOPE OF TAXATION UNLIMITED COMPREHENSIVE SCOPE OF TAXATION PLENARY SUPREME INHERENT LIMITATIONS Except GOCC Exempt: SSS, GSIS, PHIC, Local water Districts EXEMPTION OF THE GOVERNMENT PUBLIC PURPOSE ...
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