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  2. Taxing and Spending Clause - Wikipedia

    en.wikipedia.org/wiki/Taxing_and_Spending_Clause

    But the adoption of the broader construction leaves the power to spend subject to limitations. … [T]he powers of taxation and appropriation extend only to matters of national, as distinguished from local, welfare. The tax imposed in Butler was nevertheless held unconstitutional as a violation of the Tenth Amendment reservation of power to the ...

  3. Political debates about the United States federal budget

    en.wikipedia.org/wiki/Political_debates_about...

    The CBO forecast in April 2018 that under current policy, the sum of annual federal budget deficits (debt increases) would be $13.7 trillion over the 2018-2027 time period. This is $4.3 trillion higher (46%) than the CBO January 2017 baseline of $9.4 trillion. The change is mainly due to the Tax Cuts and Jobs Act of 2017. [43]

  4. Tax protester Sixteenth Amendment arguments - Wikipedia

    en.wikipedia.org/wiki/Tax_protester_Sixteenth...

    Tax protester Sixteenth Amendment arguments are assertions that the imposition of the U.S. federal income tax is illegal because the Sixteenth Amendment to the United States Constitution, which reads "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration ...

  5. In rambling, hours-long speech, Trump introduces new ... - AOL

    www.aol.com/rambling-hours-long-speech-trump...

    Trump was slated to announce a new economic proposal in Detroit. It took him quite a bit of time to get to it.

  6. Democratic President Rebuilds Economy, Just In Time To Hand ...

    www.aol.com/democratic-president-rebuilds...

    Weather. 24/7 Help. For premium support please call: 800-290-4726 more ways to ... “The president’s speech today is the best advice I can give to any member of the incoming president’s ...

  7. Leakage (economics) - Wikipedia

    en.wikipedia.org/wiki/Leakage_(economics)

    In economics, a leakage is a diversion of funds from some iterative process. For example, in the Keynesian depiction of the circular flow of income and expenditure, leakages are the non-consumption uses of income, including saving, taxes, and imports. In this model, leakages are equal in quantity to injections of spending from outside the flow ...

  8. Tax protester constitutional arguments - Wikipedia

    en.wikipedia.org/wiki/Tax_protester...

    Related tax protester arguments with respect to wages paid by "employers" to "employees" are (1) that only federal officers, federal employees, elected officials, or corporate officers are "employees" for purposes of federal income tax, (2) that the inclusion of the United States government within the definition of the term "employer" operates ...

  9. 'Incoherent word salad': Trump stumbles when asked how he'd ...

    www.aol.com/news/incoherent-word-salad-trump...

    For her part, Saujani believes Trump was making a different point that she called “shocking”: that the cost of child care is not that a big problem for the U.S. when compared to the sums ...