Congress borrows to finance projects that cannot be paid for out of the current revenues nation
What is Power to Borrow
100
Income Tax and propertys
What are two Examples of Direct tax?
100
Charge levied by the State on consumption, expenditure, privilege, or right but not on income or property
What is indirect tax
100
powers specificaly given to Congress in the Constitution
What is Expressed powers
200
regulate interstate and foreign trade
What is Commerce Power
200
Sales
What is an example of indirect taxes?
200
is an enumerated power listed in the United States Constitution
What is commerce power
200
powers Congress claims under the elastic clause granted by article 1 section 8 of the U.S. Constitution
What is implied powers
300
declare war, raise and maintain an army and navy , make rules governing the land and naval forces, call for the militia, grant letters of marque and reprisal.
What is War Powers
300
Goods leaving the country.
What is an example of Protective tarriff?
300
medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation
What is legal tender
300
a legal term typically applied to a form of exacting judicial interpretation.
What is strict constructionist
400
established post office and post roads
What did postal powers establish?
400
a charge levied by the government on person or property to meet public needs
What is Power to tax
400
The state of being bankrupt
What is bankruptcy
400
broad construction of the powers given to congress
What is liberal constructionist
500
naturalization
What is Other Powers
500
protect domestic industry against foreign competition by increasing the cost of foreign goods.
What is Protective Tariff
500
a set of exclusive rights granted by a state to the creator of an original work
What is copyright
500
a tax paid directly to the government by the persons on whom it is imposed