Social Studies, 18.10.2019 18:40 raeleemae

Congress has the express financial power to?
a) establish a national banking system.
b) create and collect new taxes.
c) order the president to borrow money.
d) seize property for government projects.

Answers: 2

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The United States Congress has the express financial power to B. create and collect all new taxes. This can be found in Article 1, Section 8, Clause 1 of the U.S Constitution. This grants the government the power of taxation. It is also known as the Tax and Spending Clause. The Congress can impose taxes, collect taxes, and pay debts for the general welfare of the United States. Some of the taxation Congress has employed are regulatory taxation, prohibitive taxation, and tariffs. The correct answer is B.

Answer from: raffaldarmaki9412

Congress has the express financial power to create and collect new taxes

Further ExplanationUnder the federal government power is shared between the central government and the state governments.The constitution outlines powers of each government such that both governments have individual powers and shared powers. State and federal powersExpressed powers They are also called enumerated or delegated power, they are specifically delegated by the constitution. These are powers that only belongs to the central government.

They include;

Treaty making, Foreign trade Declaration of warMilitary building Money printing Creating and collecting taxes, etc.Concurrent powers They are powers that are shared by both central government and the state government.Concurrent powers include: collection of taxes, borrowing and spending money, making laws, etc.Reserved powers These are powers that only belong to the state governments. These powers are reserved to the states and allows the states to legislate and control to protect the safety, health and morals of its people.Examples of reserved powers are, zoning laws, state criminal laws, and environmental protection among others.

Key words: Congress, expressed powers, powers, federal government

Learn more about: Federal government: Power division in federal government: Expressed powers:

Level: High school

Subject: History

Topic: Federal government

Sub-topic: Expressed powers of the congress

Answer from: Quest

answer; (d) anthropology;

Answer from: Quest

i dont know but thats a great qusestion

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Congress has the express financial power to?
a) establish a national banking system.
b)...

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