Article 1, Section 8 and the 16th amendment
These allow the government to tax us
This gives Congress the power to tax us
To pay debts, common defense, general welfare
The things the money we are taxed for are used for
An example of progressive tax
based on your ability to pay it. More money= higher taxes for you.
everyone pays the same amount, no matter the income.
Sales tax, social insurance tax are examples of _______________ tax.
when you spend more money than you have
when you have more money than you spend
when you borrow the money from somewhere else.
Social insurance and individual income
The two taxes contribute the most to government revenue