Asked by: Ayah Ysusiasked in category: General Last Updated: 1st May, 2020
Which are examples of programs or projects most likely funded by taxes?
Just so, which are examples of programs or projects most likely funded?
The examples of programs or projects most likely funded by taxes paid by citizens of the United States are: - Constructing a highway: because they care about their infrastructure. They believe that highway is crucial for their transportation and the logistics of their products, supplies, etc.
Similarly, what gives Congress the power to raise taxes to fund services? Taxing and Spending Clause. The Taxing and Spending Clause (which contains provisions known as the General Welfare Clause) and the Uniformity Clause, Article I, Section 8, Clause 1 of the United States Constitution, grants the federal government of the United States its power of taxation.
Also Know, is a tax issued by the federal government on imported goods?
A tariff is a tax issued by the federal government on imported goods. The purpose of a tariff is to protect domestic production and jobs. Countries generally impose tariffs in order to protect certain industries that are considered to be essential or which have strong political influence.
Which best describes how expansionary policies can facilitate economic growth?
Expansionary policies is being done by expanding money supply and cutting the income tax that must be paid by the citizens. This would increase the amount of money that they could use for consumption (disposable income) which would encourage the growth of many business establishments.