The correct answer is B. The Sixteenth Amendment to the U.S. Constitution allows the Federal Government to levy an income tax.
Explanation:
The Sixteenth Amendment to the Constitution was passed by Congress on February 3, 1913. It gives Congress the right to levy and collect federal income tax, the proceeds of which are entirely directed to the federal budget.
Congress has the right to establish and levy income taxes, whatever their source, without distributing these taxes among individual states and without taking into account any census or population estimates.
This amendment was made after the Supreme Court of the United States had ruled in Pollock v. Farmer's Loan (1895) that the income tax law enacted by Congress in 1894 was unconstitutional.
The Sixteenth Amendment states that "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration."
The stock market cash led many people to withdraw their deposits/take out loans from the banks. And because people could not pay the banks back for this, it ultimately lead to banks not having enough money to function.
The punic wars were a series of three wars against a single nation that dramatically transformed the roman world. the nation the romans fought was <span>Carthage</span>.
