An appraisal of taxation is required, particularly regarding the conventional understanding of tax as a compulsory financial payment imposed on citizens and business entities by the government, without any guarantee of receiving infrastructural amenities in return. This necessity arises from years of studies and practical experience which indicate that for the taxation system to properly fulfill its societal role under the social contract theory, a reciprocal arrangement is essential. While it is understood that citizens and corporations must remit taxes as mandated by law, the government must also provide tangible proof of its performance by delivering public amenities that enhance the well-being of taxpayers. It was this understanding that spurred the undertaking of this detailed appraisal of taxation, examining it as a legal concept and analyzing its functions within society.