Question
In: Accounting
22. The ultimate source of power to tax resides with the: a. President b. House Ways...
22. The ultimate source of power to tax resides with the:
a. President
b. House Ways and Means Committee
c. Senate Finance Committee
d. Constitution had all to power to with respect to tax
Solutions
Expert Solution
Answer: D. Constitution had all to power to with respect to tax.
The Constitution gives powers to levy taxes.
And the following table shows the constitutional provisions for the tax. ( I collected it from LSU Law Library)
ekkarill92 answered 2 years agoRelated Solutions
What is not likely a source of deadweight loss? a) A payroll tax. b) A legislated...
What is not likely a source of deadweight loss?
a) A payroll tax.
b) A legislated minimum wage.
c) A non-competitive labor market.
d) An unemployment person who is willing to work at the market
rate.
e) Employer-provided health care insurance.
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