The Federal Income TaxThis was the first book to put the American federal income tax into its historical and political context. Acclaimed upon publication as a necessary supplement to the work of Seligman and Seidman, it is still an essential work. Erwin R. Griswald was among the first to recognize this book's value. In the Harvard Law Review he wrote "[t]here is very little in this book that will help a lawyer win a case...[y]et there is much of practical value, a clear picture of the forest which might otherwise escape the lawyer bent on dissecting the trees." He predicted correctly that "[t]here is a mass of fact and comment that will make the book a standard work of reference for many a year to come" (53:1218). |
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1st Session 76th Congress Administration Aldrich amount capital gains capital stock Chairman changes Conference Cong Congress consolidated returns corporate income corporation tax Court Couzens deductions definition Democrats dividends Doughton draft earnings economic employees estate tax estimated excess-profits tax excise tax expenditures favor federal income tax fiscal Follette gift tax graduated gross income Hearings House bill income in excess income tax law increased individual income inheritance tax interest Internal Revenue invested capital June Kitchin La Follette legislation levied losses March maximum Means measure Mellon ment net income normal tax paid party passed personal exemptions present President profits tax proposed provision receipts reduced repeal Republicans Revenue Act revenue bill revision salaries sales tax Secretary Senate Finance Committee Sixteenth Amendment Smoot surtax rates tariff tax bill taxable income taxation taxpayer tion Title Treasury undistributed United vote war-profits tax York World
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Page 21 - so far as it falls on the income of real estate and of personal property, being a direct tax within the meaning of the Constitution, and, therefore, unconstitutional and void because not apportioned according to representation, all those sections, constituting one entire scheme of taxation, are necessarily invalid.
Page 12 - capitalists. . . The fruits of the toil of millions are boldly stolen to build up colossal fortunes, unprecedented in the history of the world, while their possessors despise the Republic and endanger liberty.