What the power of tax is

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Problem 1: All are essential characteristics of a tax, EXCEPT:

A. It is an enforced contribution

B. It is generally unlimited in amount

C. It is generally payable in money

D. It is proportionate in burden

Problem 2: A tax is invalid, EXCEPT:

A. Theory of taxation and its purpose are disregarded

B. Basis of taxation is not recognized

C. Inherent and constitutional limitations are not observed

D. It results to double taxation

Problem 3:  In the absence of inherent and constitutional limitation, the power of tax is:

A. Comprehensive

B. Unlimited

C. Both A and B

D. Regulatory

Problem 4: All are similarities of taxation, police power and power of eminent domain, EXCEPT:

A. All are necessary attributes of the Constitution.

B. All exist independently of the Constitution.

C. All contemplate an equivalent benefit.

D. All are superior to the non-impairment clause of the Constitution

Reference no: EM132827641

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