206Fall2011PP2

206Fall2011PP2 - POLS206508 9/6/2011 TheUnitedStates...

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POLS 206-508 9/6/2011 The United States  Constitution: Government  Power Vs. Individual  Rights
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I. 5 Powers of Government 1. Specific: what government can actually do. -- simple and brief terms. 2. Implied: powers no mentioned, but  implied -- source of most anxiety for citizens. 3. Inherent: “right” of government to keep secrets. 4. Concurrent: Shared by federal government and    states. 5. Reserved: powers federal government “gives”  state and local governments
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5a. Specific Powers l Example 1:   Borrow Money -- how much? --by what  means? l Consequences: -- government spending…on what? --taxes --debt and  deficits
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How Much is Too Much?  Politicizing Our Debt “Big Spender” Bush    “Big Spender” Obama If Congress can do whatever in their discretion can be  done by money, and will promote the General Welfare,  the Government is no longer a limited one, possessing  enumerated powers, but an indefinite one, subject to  particular exceptions.     James Madison
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Taxes: which most  “constitutional?” l Progressive income tax: higher income, proportionately higher % of taxes. --”rich should pay more” l Flat tax: constant, marginal rate. --Russia: 13% income tax --”everyone pays the same %” l “Fair tax”: national sales tax on  --”pay as you consume” “Another means of silently lessening the inequality of property is to exempt all from taxation 
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This note was uploaded on 11/29/2011 for the course POLS 206 taught by Professor Someonethatwasjusttryingtogettheirdoctorate during the Fall '06 term at Texas A&M.

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206Fall2011PP2 - POLS206508 9/6/2011 TheUnitedStates...

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