If the power of taxation is an inherent power and therefore there is no need for constitutional grant for the State to exercise it, why do we have several provisions in our Constitution dealing with the power of taxation?

If the power of taxation is an inherent power and therefore there is no need for constitutional grant for the State to exercise it, why do we have several provisions in our Constitution dealing with the power of taxation?

SWFT Comprehensive Vol 2020

43rd Edition

ISBN:9780357391723

Author:Maloney

Publisher:Maloney

Chapter24: Multistate Corporate Taxation

Section: Chapter Questions

Problem 11DQ

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Question

Rules by which an authority (usually a government) imposes a financial obligation on individuals or organizations within its domain. Property or transactions can be taxed. While taxes are primarily intended to fund the operation of a government, many tax laws are created to encourage or discourage certain behaviors by citizens or companies.

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Taxation is an inherent power being an attribute of sovereignty. The following are manifestations of taxation being an inherent power, EXCEPT? Courts cannot issue an injunction to enjoin the collection of taxes There should be no improper delegation of the power to tax. Taxes may be imposed even without a constitutional grant The State has the right to select the subjects and objects of taxation.
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The power to tax is provided for by the Constitution, the National Internal Revenue Code, Special Laws, and administrative revenue issuances. Group of answer choices True False
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Which of the following is not an inherent power of a government? A. Eminent Domain B. Police Power C. Taxation D. People Power