All categories

3 years ago

What limits are placed on the government's power to tax?

1 answer:

riadik2000 [5.3K]3 years ago

6 0

The U.S. taxing power, while very broad, has important limitations. First, direct taxes must be apportioned, a very difficult requirement. Second, duties, imposts, and excises must be uniform—an easy-to-meet standard, but one which, if ignored, can be fatal to a statute.

P.S. I hope this helps

You might be interested in

In order for private bargaining to result in the efficient outcome,A) an injunction must be requestedB) property rights must be

lianna [129]

Answer:

The correct answer is letter "B": property rights must be clearly assigned to the parties involved in the dispute.

Explanation:

Named after British lawyer and economist Ronald Coase (1910-2013) the Coase Theorem states when there are competitive markets and no transaction costs bargaining will lead to an efficient and mutually beneficial outcome. The theorem affirms that when property rights are defined and divided, parties will gravitate to the most efficient and beneficial outcome.

3 0

3 years ago

Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the s

Strike441 [17]

Answer:

1. Create and give innovative experience.

2. Brand and reputation operation

3. Improvement in workers general welfare

Explanation:

As a manager in an hotel, I would Improve the facets of the hotel by

1. Create and give innovative experience. As a manager, I would ensure the hotel create and delivers top notch service considering there are competition in the hospitality industry.

2. Brand and reputation operation. When customers receives a world class experience, reputation is being created here. I would then sustain this reputation by making it a brand upon which the hotel will be identified with subsequently.

3. Improvement in workers general welfare. This is very critical to the success of the hotel. Once workers are well paid , it would spur them to work and align with the vision I have for the hotel.

8 0

3 years ago

On January 1, 2024, Tyson Manufacturing Company purchased a machine for $41,100,000. Tyson's management expects to use the mac

denis23 [38]

Answer:

Annual depreciation= $5,865,714.29

Explanation:

Giving the following information:

Purchase price= $41,100,000

Salvage value= $40,000

Useful life in hours= 28,000

To calculate the depreciation expense for 2024, we need to use the following formula:

Annual depreciation= [(original cost - salvage value)/useful life of production in hours]*hours operated

Annual depreciation= [(41,100,000 - 40,000) / 28,000]*4,000

Annual depreciation= $5,865,714.29

7 0

3 years ago

Does geico provide roadside assistance even if you don't have coverage

iVinArrow [24]

No, Geico offers free towing for customers who have the company’s roadside assistance coverage

8 0

3 years ago

Management is the attainment of organizational goals in an effective and efficient manner through ______, ______, ______, and __

Ainat [17]

Answer:

b. planning, organizing, leading, and controlling

Explanation:

The management is an achievement of organizational goals in an effective as well as an efficient way through organizing, planning, controlling and leading organizational sources. Basically organizational goals are strategically placed aims that plan expected outcomes furthermore supervise subordinates' efforts. There are three kinds of organizational goals they are as follows:

* Tactical

* Strategic

* Operational goals

Organizing, planning, controlling and leading are the qualities that are very effective.

3 0

3 years ago

What limits are placed on the government's power to tax?​

What limits are placed on the government's power to tax?