taxes

powerpoint presentation taxes what are taxes? taxes are payments people are required to pay to local, state and national governments. taxes are used to pay for services provided by government: schools police defense etc. taxes and the constitution article 1, section 8, clause 1 of the constitution grants congress the power to tax. the sixteenth amendment gives congress the power to levy an income tax. limits on the power to tax certain taxes are prohibited or limited in the constitution: the purpose of the tax must be for “the common defense and general welfare” federal taxes must be the same in every state the government may not tax exports impact of taxes types of taxes affect people differently, depending on …

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