Who has the power to propose a law to raise revenue a tax law?
2007-12-07 12:45:29 · 4 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Congress
2007-12-07 12:48:49 · answer #1 · answered by Axiom 3 · 2⤊ 0⤋
Anyone can propose a law. Only Congress can enact one, but it doesn't become law until the president signs it into law or Congress overrides a presidential veto.
On the state level, state legislatures and governors are the two parties involved, and on the local level, it varies according to each locality's system.
2007-12-07 20:51:40 · answer #2 · answered by curtisports2 7 · 0⤊ 0⤋
Anyone. The President does it all the time. However until it is introduced in Congress in the House of Representatives, nothing can or will happen with it.
2007-12-07 21:42:48 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Congress for federal taxes, state legislature for state taxes, local officials for local taxes.
2007-12-08 03:12:09 · answer #4 · answered by Judy 7 · 0⤊ 0⤋