Taxation refers to obligatory or coercive money assortment by a levying authority, typically a government. The term 'taxation' enact to all sorts of intuitive levies from earnings to capital gains to estate taxes.
Although taxation may be a noun or verb, it is frequently referred to as an act; the ensuing revenue is usually called ''taxes”. The traditional purpose of imposing tax and taxation is to lift cash to run the affairs of the government.
But, recently, I have seen government and their agencies daunting taxes for a few additional purposes similar to;
reducing escalation, encourage the attainment of local goods,
discouraging the expenditure of certain goods.