14.. Which is NOT a constitutional limitation on the power of taxation? a. Application of the same law with the same taxapayers b. No person shall be imprisoned for non-payment of tax c. The requirement of notice and hearing in assessment d. The state, unless declared void by the courts, cannot renege on its obligation or contractual agreements 15. Which is NOT a remedy in double taxation? a. Application of tax treaty relief b. Payment of the tax c. Tax payment is an expense d. Treatment of the paid tax as credit

14.. Which is NOT a constitutional limitation on the power of taxation? a. Application of the same law with the same taxapayers b. No person shall be imprisoned for non-payment of tax c. The requirement of notice and hearing in assessment d. The state, unless declared void by the courts, cannot renege on its obligation or contractual agreements 15. Which is NOT a remedy in double taxation? a. Application of tax treaty relief b. Payment of the tax c. Tax payment is an expense d. Treatment of the paid tax as credit

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter6: Supply, Demand And Government Policies

Section: Chapter Questions

Problem 5QR

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Similar questions

Federal excise taxes on gasoline vary widely across the developed world. The United States has the lowest taxes at USD $0.40 per gallon (or Â£0.07 per liter), Canada has taxes of $0.60 per gallon, Japan and much of Europe is $2.00 per gallon, while Britain has the highest tax at $2.83 a gallon or Â£0.5 per liter. If gasoline taxes are intended to reduce the time losses from road congestion in urban environments and gasoline pre-tax costs about Â£0.40 per liter, why might the optimal tax in Canada be 50 percent higher than in the United States? What would be an explanation for why adjacent countries would have such different estimates of the price elasticity of demand for auto driving?16
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