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according to the u.s. constitution, any tax levied by the government must be pepe unchain Bnb Eth XRP crypto futures coinbase futures binance futures

Why does Congress levy taxes?

While authorizing Congress to levy taxes, this clause permits the levying of taxes for two purposes only: to pay the debts of the United States, and to provide for the common defense and general welfare of the United States.

Why is the taxing clause listed first?

The Taxing Clause of Article I, Section 8, is listed first for a reason: the Framers decided, and the ratifiers of the Constitution agreed, that Congress must itself possess the power “to lay and collect Taxes . . . to pay the Debts and provide for the common Defence and general Welfare of the United States.”

Can Congress use the taxing clause?

Ever since, the law has been that Congress can use the Taxing Clause without tying such use to another of its constitutional powers. What are the constitutional limits on Congress’s authority to use the Taxing Clause?

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