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The Court did not rule that excise taxes consisted only of taxes on corporations and corporate privileges, to the exclusion of taxes on individuals (natural persons). The issue of the validity of an income tax imposed on individuals was neither presented to the Court nor decided by the Court. The courts have rejected the argument that Flint v.
Although he did oppose the creation of new taxes as president, the Democratic-controlled Congress proposed increases in existing taxes as a way to reduce the national budget deficit. Bush negotiated with Congress for a budget that met his pledge, but was unable to make a deal with a Senate and House that was controlled by the opposing Democrats.
Murray Rothbard argued in The Ethics of Liberty in 1982 that taxation is theft and that tax resistance is therefore legitimate: "Just as no one is morally required to answer a robber truthfully when he asks if there are any valuables in one's house, so no one can be morally required to answer truthfully similar questions asked by the state, e.g ...
Senate confirmation hearings set to begin this week are likely to reveal a defining trait uniting Donald Trump’s incoming Cabinet, regardless of their diverse political backgrounds and uneven ...
Notably, the new rules make ousting the House speaker more difficult by allowing only members of the majority party to introduce motions to vacate, plus require at least eight cosponsors from the ...
Julie Ingersoll, a religious studies professor at the University of North Florida, said these Reformed evangelicals also differ from charismatics’ sense of immediacy and instead expect desired ...
According to William A. Niskanen, one of the architects of Reaganomics, "Reagan delivered on each of his four major policy objectives, although not to the extent that he and his supporters had hoped", and notes that the most substantial change was in the tax code, where the top marginal individual income tax rate fell from 70.1% to 28.4%, and ...
Union Pacific Railroad, 240 U.S. 1 (1916), the Supreme Court ruled that (1) the Sixteenth Amendment removes the Pollock requirement that certain income taxes (such as taxes on income "derived from real property" that were the subject of the Pollock decision), be apportioned among the states according to population; [55] (2) the federal income ...