Yes. It is.
concurrent powers
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a Concurrent Power.
Borrow money and levy taxes
A congressional power that is implied by the expressed power to levy taxes is the power to tax and regulate alcohol.
Only Congress can levy taxes. The President, through the IRS (a branch of the Treasury Dept.) collects the taxes.
True
The power to levy taxes is considered executive and can therefore be handled by an institution under the executive arm of the government. Governments get a large amount of income from taxes.
congress
The power to make law, and to levy taxes.
The power to make law, and to levy taxes.
concurrent powers