Fundamental Principles of Taxation - CH1

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C. Both statements are correct The State, having sovereignty can enforce contributions (tax) upon its citizens even without a specific provision in the Constitution authorizing it. Statement 1: It i... s so because the State has the supreme power to command and enforce obedience to its will from the people within its jurisdiction. Statement 2: Any provision in the Constitution regarding taxation does not create rights for the sovereignty to have the power to tax but it merely constitutes limitations upon the supremacy of tax power. A. Only statement 1 is correct B. Only statement 2 is correct C. Both statements are correct D. Both statements are incorrect B. The State can exercise the power of taxation only if it is expressly mentioned in the Constitution The following statements correctly described the power of the State to tax, except A. It is a power inherent in every sovereign state to imposed a charge or burden upon persons, properties, or rights to raise revenues for the use and support of the government and to enable it to discharge its functions. B. The state can exercise the power of taxation only if it is expressly mentioned in the Constitution. C. It passes a legislative undertaking through the enactment of laws by the Congress which will be implemented by the Executive Branch of the government through its Bureau of Internal Revenue to raise revenue for the inhabitants in order to pay the necessary expenses of the government. D. It is a way of collecting and apportioning the cost of government among those who are privileged to enjoy its benefits. A. The power of taxation may be exercised by the government, its political subdivisions, and public utilities Which statement is wrong? A. The power of taxation may be exercised by the government, its political subdivisions, and public utilities. B. Generally, there is no limit on the amount of tax that may be imposed. C. The money contributed as tax becomes part of the public funds. D. The power of tax is subject to inherent and constitutional limitations D. Power of recall They exist independent of the constitution being fundamental power of the state, except A. Power of taxation B. Police Power C. Power of eminent domain D. Power of recall B. Only statement 2 is correct Statement 1: The constitution is the source of the State's taxing power. Statement 2: The police power of the government may be exercised through taxation A. Only statement 1 is correct B. Only statement 2 is correct C. Both statements are correct D. Both statements are incorrect C. Both statements are correct Statement 1: The Constitution cannot take away the inherent powers of the State but may only prescribe its limitations Statement 2: No laws are necessary to confer the inherent powers of the State upon any government exercising sovereignty A. Only statement 1 is correct B. Only statement 2 is correct C. Both statements are correct D. Both statements are incorrect A. Power of taxation The power to demand proportionate contribution from persons and property to defray the necessary expenses of the government A. Power of taxation B. Police Power C. Power of eminent domain D. Power of recall B. Police Power The power to regulate liberty and property to promote the general welfare A. Power of taxation B. Police Power C. Power of eminent domain D. Power of recall C. Power of eminent doman The power to acquire private property upon payment of just compensation for public purpose A. Power of taxation B. Police Power C. Power of eminent domain D. Power of recall [Show More]

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