8. Generally, the following can exercise the power of taxation, except: a. The local sanggunian b. The members of the House of Representatives c. The president d. The senators 9. The following are the reserved powers of Congress in exercising taxation, except: a. Determination of the deficiency taxes b. Discretion on who to tax c. Identify the method how to collect the tax d. The purpose of the levy 10. The following principles are inter-related, except: a. Ability to pay b. Benefit received theory c. Progressive tax system d. Theoretical justice
8. Generally, the following can exercise the power of taxation, except: a. The local sanggunian b. The members of the House of Representatives c. The president d. The senators 9. The following are the reserved powers of Congress in exercising taxation, except: a. Determination of the deficiency taxes b. Discretion on who to tax c. Identify the method how to collect the tax d. The purpose of the levy 10. The following principles are inter-related, except: a. Ability to pay b. Benefit received theory c. Progressive tax system d. Theoretical justice
Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Design Of The Tax System
Section: Chapter Questions
Problem 2PA
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