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Fundamental powers of the state
Police Power
Power of Eminent Domain
Power of Taxation
ELEMENTS
Necessity
WHO/ WHAT IS CONCERNED [RIGHTS]
who exercises
PROPERTY
PUBLIC GOOD
OBJECTIVE
LIMITATIONS
BENEFIT
LIFEBLOOD DOCTRINE THEORY
Power emanating from necessity.
w/o revenue from tax government will not survive —> detriment of society
tax revenue = lifeblood of the government
