Chapter 16 & 17 Highlights

Chapter 16 Financing GovtPower to Tax - Article I Income Tax – Progressive Tax, the

more you make the greater % they takeSale Tax – Regressive or Flat taxPayroll Taxes – Social Security –

Employer matchExcise Tax – Indirect Tax..producer

paid initially

Sin Tax – non-revenue motivatedPublic Deficit Public DebtEntitlements – Social Security,

Unemployment, Medicare

Chapter 17 Foreign Policy Isolationism – American ideology until

WWIIForeign Policy – can be diplomatic,

military and commercial.Right of Legation – to send and receive

ambassadorsDiplomatic ImmunitySecretary of State, Defense

Cold War (1946 – 1991) START I and II – Strategic Arms Reduction

Treaties 1991 & 1993 Draft – Selective Service Monroe Doctrine – 1823 Roosevelt Corollary Truman Doctrine Containment

Foreign AidRegional Security Alliances – NATO,

SEATOUnited NationsSecurity Council – 15 (5 permanent

members with veto power)