Power to Tax in the US

Front

Uniformity of federal tax

Back

Must be the same in every state

Front

State income tax in North Carolina

Back

Flat rate of 4.75%

Front

Freedom of religion and taxation

Back

Reason why Congress can’t tax church services

Front

A tax base

Back

The subject of the tax

Front

Congress and tax base

Back

Congress must decide the base for each new tax

Front

Proportional tax

Back

Tax percentage is the same for all income levels—whether income goes up or down, the percentage stays the same.

Front

Definition of proportional tax

Back

A tax system where the percentage rate is constant regardless of income.

Front

Certainty in tax systems

Back

Certainty provides clarity on tax obligations and deadlines.

Front

Tax burden shift

Back

Occurs more easily with inelastic demand.

Front

Consumer burden

Back

Consumers bear more cost when demand is inelastic.