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Questions and Answers
Which theory in taxation states that without taxes, a government would be paralyzed for lack of power to activate and operate it, resulting in its destruction?
Which theory in taxation states that without taxes, a government would be paralyzed for lack of power to activate and operate it, resulting in its destruction?
- Symbiotic doctrine
- Power to destroy theory
- Sumptuary theory
- Lifeblood theory (correct)
What is the actual effort exerted by the government to effect the exaction of what is due from the taxpayer known as?
What is the actual effort exerted by the government to effect the exaction of what is due from the taxpayer known as?
- Assessment
- Payment
- Collection (correct)
- Levy
Which of the following is NOT the function of Congress regarding the power of taxation?
Which of the following is NOT the function of Congress regarding the power of taxation?
- Fix with certainty the amount of taxes
- Determine who should be subject to the tax
- Collect the tax levied under the law
- Identify who should collect the tax (correct)
Which one of the following is an example of a tax?
Which one of the following is an example of a tax?
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What is the function of Congress regarding the power of taxation?
What is the function of Congress regarding the power of taxation?
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Study Notes
Taxation Theories
- The "Ability to Pay" theory states that without taxes, a government would be paralyzed for lack of power to activate and operate it, resulting in its destruction.
Taxation Terms
- The actual effort exerted by the government to effect the exaction of what is due from the taxpayer is known as "Enforcement".
Congressional Functions
- The function of Congress regarding the power of taxation is to lay and collect taxes, duties, and excises.
- One of the functions NOT performed by Congress is to delegate the power of taxation.
Types of Taxes
- An example of a tax is an "Ad Valorem" tax, which is a tax levied on the value of goods or property.
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