Lesson 1.1

Question 1

Are enforced proportional contributions from persons and property leveid by the law

Answer 1

Taxes

Question 2

Nature of the power of taxation

Answer 2

Inherent in sovereignty

Essentially a legislative function

Subject to constitution and inherent limitations

Question 3

Extent of the legislative power to tax

Answer 3

The subject or object to be taxed

The purpose or object of the tax so long as it is a public purpose

The amount or rate of the tax

The manner, means, and agencies of collection of the tax

Question 4

According to Chief Justice John Marshall

Answer 4

The power to tax involves the power to destroy

Question 5

Essential characteristics of tax

Answer 5

• it is an enforced contribution
• it is levied for public purpose
• it is levied by the law making body of the state
• it is generally payable with the form of money
• it is proportionate in character or is laid by some rule of appointment
• it is levied on a persons, property, rights, acts, priveleges, or transactions
• it is levied by the state which has jurisdiction or control over the subject to be taxed.