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Related Questions
The president has the power to levy taxes?
Only Congress can levy taxes. The President, through the IRS (a branch of the Treasury Dept.) collects the taxes.
Can a president decide the price of taxes?
Federal taxes are decided by congress, not the president, although he might have some effect on their decision.
Does the president have power to tax people?
No- the president can not levy taxes.
What did President Obama do to be president?
He campaigned and offered lower taxes
Can the president levy taxes?
yes
Does the president get income taxes?
Yes
What president first enacted the collection of tax?
The President does not enact any collection of taxes. Taxes are set forth by Congress and Congress first began sales taxes after the War of 1812.
Did Thomas Jefferson want lower taxes?
Yes, him and Washington worked together to lower taxes, finally 3 years later president Lincoln was the first president to actually lower the taxes.
Does the president have to do taxes?
Yes, he must pay taxes on his salary and any income from investments.
Does president pay taxes on his salary?
yes
Who is in charge of the taxes?
The legislative branch and president.
What four things is the president in charge of?
taxes,
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