Income Taxation Quiz

What is the theory of taxation that states taxes are the lifeblood of the government?

• Necessity Theory

• Lifeblood Doctrine

• Symbiotic-Relationship Theory

• Benefits-Received Theory

Which of the following is NOT a similarity among the three inherent powers of the state?

• They are inherent in the State.

• They exist independently of the Constitution.

• They are legislative in character.

• They presuppose an equivalent compensation received by the persons affected.

What is the purpose of police power?

• To raise revenue for the government.

• To promote the general welfare of the people.

• To take private property for public use with just compensation.

• To interfere with private rights and properties.

Which constitutional limitation states that no person shall be deprived of life, liberty or property without due process of law?

• Due process of law

• Equal protection of law

• Exemption of charitable institutions

• Concurrence of a majority of all members of Congress

Which constitutional limitation requires the concurrence of a majority of all members of Congress for the passage of a law granting tax exemption?

• Due process of law

• Equal protection of law

• Exemption of charitable institutions

• Concurrence of a majority of all members of Congress

Which constitutional limitation states that appropriations, revenue or tariff bills shall originate exclusively in the House of Representatives?

• Due process of law

• Equal protection of law

• Exemption of charitable institutions

• Concurrence of a majority of all members of Congress

Which constitutional limitation states that no law impairing the obligation of contracts shall be passed?

• Due process of law

• Equal protection of law

• Exemption of charitable institutions

• Non-impairment of the obligations of contracts

What is the primary purpose of taxation?

• To raise revenue for the government

• To promote the general welfare of the people

• To take private property for public use with just compensation

• To interfere with private rights and properties

Which inherent limitation of taxation states that taxes must be for public purpose?

• Public Purpose

• International Comity

• Non-delegation of the legislative power to tax

• Exemption of the government from taxation

Which inherent limitation of taxation states that there must be respect among sovereigns?

• Public Purpose

• International Comity

• Non-delegation of the legislative power to tax

• Exemption of the government from taxation