According to the chart, the power to tax is a concurrent power, meaning A) it belongs to the state government. B) it is a government power that is shared. C) it is less important than the power to borrow money. Eliminate D) it is more important than the regulating state trade.

Letter B is the correct answer.

The power to lay and collect taxes is considered a concurrent power. Concurrent powers are powers that are shared by federal government and the State. Some other examples of concurrent powers that are enjoyed by both the federal and State governments are the power to build roads, borrow money and create lower courts.