Limitations On Taxing Power
Various places within the Constitution, and in one amendment, there are to be found several clauses related to Congress' power to tax and spend. These include both requirements for the apportionment of direct taxes and the uniformity of indirect taxes, the origination of revenue bills within the House of Representatives, the disallowal of taxes on exports, the General Welfare requirement, the limitation on the release of funds from the treasury except as provided by law, and the apportionment exemption of the Sixteenth Amendment.
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Famous quotes containing the words limitations, taxing and/or power:
“The only rules comedy can tolerate are those of taste, and the only limitations those of libel.”
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“I had now formed a clear and settled opinion, that the people of America were well warranted to resist a claim that their fellow-subjects in the mother-country should have the entire command of their fortunes, by taxing them without their consent.”
—James Boswell (1740–1795)
“Purchasing power is a license to purchase power.”
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