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    Property and taxes

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    Text used:
    Halbert, T., & Ingulli, E. (2009). Law & ethics in the business environment: 2010 custom edition (6th ed.). Mason, OH: South-Western Cengage Learning.

    Review "Second Treatise of Government" in Chapter 6.

    Question asked:

    Identify any limitation on the right to own property?

    Is there a need to form governments over real property given the taxes that must be paid to secure it? Please provide a response and include any references.

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    Solution Preview

    Step 1
    There is a need to form governments over real property. According to Adam Smith, 'civil governments' are instituted for the security of property are actually instituted for the defense of the rich against the poor or of those that have some property against those who have none. Now according to Locke the reason why men enter into society is to preserve their property. The civil government preserves the property.

    Considering the view points of ...

    Solution Summary

    This solution discusses property and taxes.