According to the Florida state constitution and the United States Constitution, the power to tax is held by both the state government and the U.S. government.
Explanation:
Many powers belonging to the federal government are shared by state governments. Such powers are called concurrent powers. These include the power to tax, spend, and borrow money. State governments operate their own judicial systems, charter corporations, provide public education, and regulate property rights.
To borrow money issue bonds, chapter banks and corporations, establish courts, collect taxes, build roads and transportation system, make and enforce laws and send money for the general welfare. Theses are some of the concurrent powers of both states and federal government.
