Tax vs Other Fees

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What is the main difference between a penalty and a special assessment?

A penalty is based on law and cannot generally be assigned, while a special assessment is based on contract and can be paid in kind.

A penalty is a sum of money for different public use, while a special assessment is a sanction imposed as a punishment for violation of law or acts deemed injurious.

A penalty is only imposed by the government or state, while a special assessment can also be imposed by private individuals.

A penalty is designed to regulate conduct, while a special assessment is enforced proportional contribution from owners of lands for special benefits resulting from public improvements. (correct)

What is the main difference between a permit or license fee and a debt?

A permit or license fee is based on law and cannot generally be assigned, while a debt is based on contract and can be paid in kind. (correct)

A permit or license fee is a charge imposed under the police power for purposes of regulation, while a debt is a sum of money for different public use.

A permit or license fee is designed to regulate conduct, while a debt is enforced proportional contribution from owners of lands for special benefits resulting from public improvements.

A permit or license fee is only levied on land, while a debt is based on law and can be assigned.

Which of the following is not a source of tax authority?

Executive Branch

Judicial Branch

Legislative Branch

Public opinion (correct)