Constitutional Law
The U.S. Constitution, ratified in 1789, gave the federal government authority to tax, stating that Congress has the power to
- "... lay and collect taxes, duties, imposts and excises, pay the debts and provide for the common defense and general welfare of the United States."
Tariffs between states are prohibited by the U.S. Constitution and all domestically made products can be imported or shipped to another state tax free. In the U.S. constitutional law sense, an excise tax is essentially an event tax (as opposed to a state of being tax).
Read more about this topic: Excise Tax In The United States
Famous quotes containing the word law:
“I hope I may claim in the present work to have made it probable that the laws of arithmetic are analytic judgments and consequently a priori. Arithmetic thus becomes simply a development of logic, and every proposition of arithmetic a law of logic, albeit a derivative one. To apply arithmetic in the physical sciences is to bring logic to bear on observed facts; calculation becomes deduction.”
—Gottlob Frege (1848–1925)