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Article 1, section 7 of US Constitution states that bill for raising revenue are initiated by the House of Representatives
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∙ 13y ago
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By the 1790s how was the national government raising most of its revenue?
By partying like there was no freaking tomorrow.
A state government wants to increase the taxes on cigarettes to increase tax revenue This tax would only be effective in raising new tax revenues if the price elasticity of demand is?
elastic
What is the meaning of average revenue and marginal revenue?
what is average revenue?
Are government bonds issued to finance the budget deficit?
Governments issue bonds for both short-term and long-term needs for cash. It's common for a government's revenues to fluctuate (for example, a large chunk of revenue may come in shortly before an annual tax deadline) and not coincide with when bills must be paid. So, short-term bonds can be used to raise cash to pay bills that arise before the revenue is received, while long-term bonds might be used to finance a deficit.
What is public revenue in India?
The revenue received by the govt. of india from all its resouerces is know as Public Revenue. There are twi types of revenues:- 1) Tax Revenue 2) Non-Tax revenue - sub-types a) Commerrcial Revenue b)Fee etc..
Who initiate revenue bills?
The house of representatives
Are revenue bills tax bills for raising money?
yes
What are the bills for raising money for the federal government called?
Revenue Bills or Tax Bills
All bills for raising what must originate from the house of representatives?
revenue
What branch of congress is responsible for raising revenue?
Bills of revenue start in the House.
Where do all bills generate for raising revenue?
the senate
What can the senate do that the house can not do?
Introduce bills for the raising of revenue.
What can the house do that the senate can not?
Introduce bills for the raising of revenue.
Money bills or bills for raising revenue must start in the?
House of Rep.
What government branch proposes bills for raising revenue?
The treasury.
All bills for raising must originate in the house of representatives?
All bills for raising revenue must originate in the House of Representatives.
All bills for raising revenue must begin in the house but the senate has the right to propose what?
Bills
