The Income Tax. Opinions of Hon. John K. Shields ... Hon. Cordell Hull ... And Thurlow M. Gordon ... On the Proposed Income-Tax Provision of the Pending Tariff Bill ..
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In our eReader you can find the full English version of the book. Read The Income Tax. Opinions of Hon. John K. Shields ... Hon. Cordell Hull ... And Thurlow M. Gordon ... On the Proposed Income-Tax Provision of the Pending Tariff Bill .. Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Income Tax. Opinions of Hon. John K. Shields ... Hon. Cordell Hull ... And Thurlow M. Gordon ... On the Proposed Income-Tax Provision of the Pending Tariff Bill ..
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To quickly assess the difficulty of the text, read a short excerpt:
The reason why I think it would be wise to make the change is that all direct taxes must be apportioned unless they come within the amendment relating to the income tax. We can impose a tax upon incomes without apportioning it hecause of the amendment, but we can not impose any other direct tax without apportionment.
When income is received it immediately becomes principal. The income that was received the 1st day of July of the present year, having been received, became princi- pal, and no law... hereafter can tax it without apportionment, any more than we can tax now the income that was received 10 years ago without apportionment.
So if the bill becomes a law with the provision in it that has been reported from the committee you will find yourselves endeavoring in one sentence to tax income that comes under the amendment, and to tax past income, income received, reduced to possession, and turned into principal before the passage of the act, and that you can not do without apportionment.
What to read after The Income Tax. Opinions of Hon. John K. Shields ... Hon. Cordell Hull ... And Thurlow M. Gordon ... On the Proposed Income-Tax Provision of the Pending Tariff Bill ..?
You can find similar books in the "Read Also" column, or choose other free books by Shields, John Knight, 1858- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The reason why I think it would be wise to make the change is that all direct taxes must be apportioned unless they come within the amendment relating to the income tax. We can impose a tax upon incomes without apportioning it hecause of the amendment, but we can not impose any other direct tax without apportionment.
When income is received it immediately becomes principal. The income that was received the 1st day of July of the present year, having been received, became princi- pal, and no law... hereafter can tax it without apportionment, any more than we can tax now the income that was received 10 years ago without apportionment.
So if the bill becomes a law with the provision in it that has been reported from the committee you will find yourselves endeavoring in one sentence to tax income that comes under the amendment, and to tax past income, income received, reduced to possession, and turned into principal before the passage of the act, and that you can not do without apportionment.
What to read after The Income Tax. Opinions of Hon. John K. Shields ... Hon. Cordell Hull ... And Thurlow M. Gordon ... On the Proposed Income-Tax Provision of the Pending Tariff Bill ..?
You can find similar books in the "Read Also" column, or choose other free books by Shields, John Knight, 1858- to read onlineMoreLess
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