| 1895 - 914 pages
...consideration provides "that nothing herein contained shall apply to States, counties or municipalities." It is contended that although the property or revenues...cannot be taxed, nevertheless the income derived from Stute, county and municipal securities can be taxed. But we think the same want of power to tax the... | |
| Tennessee. Supreme Court, William Wilcox Cooke, Joseph Brown Heiskell, Jere Baxter, Benjamin James Lea, George Wesley Pickle, Charles Theodore Cates, Frank Marian Thompson, Charles Le Sueur Cornelius, Roy Hood Beeler - 1906 - 840 pages
...consideration provides 'that nothing herein contained shall apply to States, counties or municipalities.' It is contended that, although the property or revenues...their instrumentalities exists in relation to a tax or the income from their securities, and for the same reason, and that reason is given by Chief Justice... | |
| 1910 - 780 pages
...taxation. The same want of 1 II Wallace, 113 * 17 Wallace, 322. power to tax the property or revenue of the states or their instrumentalities exists in relation to a tax on the income from their securities. 1 It is accordingly an established rule of constitutional interpretation that state and municipal bonds... | |
| 1910 - 790 pages
...Wallace, 113 * 17 Wallace, 322. •l2lU. 8.138. «I57U. 8.429. power to tax the property or revenue of the states or their instrumentalities exists in relation to a tax on the income from their securities.1 It is accordingly an established rule of constitutional interpretation that state and... | |
| New York (State). Governor - 1910 - 440 pages
...that the property and revenues of municipal corporations are not subjects of Federal taxation. * * * But we think the same want of power to tax the property or revenues of the States or their instrumentalities exists in relation to a tax on the income from their securities."... | |
| Edwin Robert Anderson Seligman (R. A.) - 1911 - 750 pages
...corporations are not subjects of federal taxation. The same want of power to tax the property or revenue of the states or their instrumentalities exists in relation to a tax on the income from their securities.1-" It is accordingly an established rule of constitutional interpretation that state and... | |
| 1914 - 776 pages
...corporations are not subjects of federal taxation. The same want of power to tax the property or revenue of the states or their instrumentalities exists in relation to a tax on the income from their securities.1 " It is accordingly an established rule of constitutional interpretation that state and... | |
| 1919 - 1030 pages
...federal government cannot tax the income from state and municipal bonds, Chief Justice Fuller declared: "It is contended that although the property or revenues...same want of power to tax the property or revenues of the States or their instrumentalities exists hi relation to a tax on the income from their securities,... | |
| Washington University (Saint Louis, Mo.) - 1919 - 498 pages
...porations are not subjects of federal taxation. The same want of power to tax the property or revenues of the states or their instrumentalities exists in relation to a tax on the income from their securities." The question as to whether a tax on the agencies and instrumentalities of a state was direct or indirect... | |
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