|Title: THE ROLE PLAYED BY THE CANONS OF TAXATION IN THE ECONOMY OF CAMEROON|
Visemih William Muffee (Ph.D)
This article carefully examines the problems encountered, when implementing the canons of taxation in the developing countries. The main objective here is to explain to the third world leaders, why they are failing in their implementation of the canons of taxation. The article, in a reflectional mode, explains why the third world economies are persisting in poverty. It points out that, it is necessary to note that taxes will keep them in the most poverty-stricken situation, given the advice of the developed world economies. The article also examines the various canons of taxation, explaining why they are not necessary to be implemented in the third world environment. The third world leaders should use the Demand for Money Model in order to improve on their economies and emerge from the lasting poverty situation.
|Keywords: Equity, Certainty, Convenience, Economy.|