Tag: Internal Revenue Code

Committee Report (CongressionalGlossary.com)

Committee Report (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Committee Report   Financial Services Hearing on Financial Crisis Inquiry Commission Report   Committee Report: Document accompanying measure reported from a committee, containing an explanation of the provisions of the measure, arguments for its approval, and certain other matters. A committee report is both an […]

Taxing and Spending Power – Article I Section 8, Clause 1 of the Constitution

Taxing and Spending Power – Article I Section 8, Clause 1 of the Constitution

The United States Constitution Also see “Amendment 16 (Sixteenth Amendment – Income Tax)“ The Taxing and Spending Clause is found in the Constitution of the United States, Article. I. Section. 8., clause 1: (Clause 1 – Power to tax and spend) [The Congress shall have Power] To lay and collect Taxes, Duties, Imposts and Excises, […]