What is income?

What is expenses?

Income is a remuneration obtained for carrying out said activity. Income can be used to meet needs.

The concept of expenses, however, is closely linked to accounting; In this case, it means money going out of the coffers of a company or organization, while income means money coming in.

both are true, the congress does have the power to create banks, even if this power is not specifically described in the constitution, since there is nothing restricting it and there is power given to the congress to make "all laws which shall be necessary and proper". maryland was not allowed to tax a branch of the national bank operating there, and the supreme court decided that no state could. both of these topics were discussed in a decision of the mcculloch v. maryland case in 1819.

declare war, appoint military officers, sign treaties, make alliances