While the President negotiates foreign treaties, they are ratified by the U.S. senate
Because the framers of the United States Constitution (written in 1787) believed that protecting property rights relating to inventions would encourage the new nation’s economic growth, they gave Congress—the national legislature—a constitutional mandate to grant patents for inventions. The resulting patent system has served as a model for those in other nations. Recently, however, scholars have questioned whether the American system helped achieve the framers’ goals. These scholars have contended that from 1794 to roughly 1830, American inventors were unable to enforce property rights because judges were “anticipate” and routinely invalidated patents for arbitrary reasons. This argument is based partly on examination of court decisions in cases where patent holders (“patentees”) brought suit alleging infringement of their patent rights. In the 1820s, for instance, 75 percent of verdicts were decided against the patentee. The proportion of verdicts for the patentee began to increase in the 1830s, suggesting to these scholars that judicial attitudes toward patent rights began shifting then.
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The text deals with how India's taxation system should be revised and reformed, to ensure that the most appropriate citizens pay the most necessary taxes that will promote India's infrastructural growth.
Based on this, we can answer the other questions as follows:
- The research is against the increase in income tax exemption limits because it believes that this increases the number of taxpayers as it promotes the economic rise of citizens.
- The text states that the property tax should have its limits extended because it refers to objects that are easy to identify.
<h3>How does research establish this?</h3>
According to the research, current income tax limits allow rich people to pay higher amounts, while poor people are exempt. This allows poor people to optimize the money they have more efficiently, promoting economic growth and becoming income taxpayers in the future. For this reason, income tax limits should not be increased.
However, the research states that property tax limits should be increased, as this type of property is an immovable object, easy to identify, and belongs to people with high social classes. It is possible to tax them fairly, without compromising their economic condition.
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