Income-tax Exemptions. Hearings Before the Subcommittee...on S.J. Res. 5...S.J. Res. 154...June 24 and August 3, 19371937 - 78 lappuses |
No grāmatas satura
1.–5. rezultāts no 19.
2. lappuse
... issued under authority of the United States . I will explain for clarity of procedure that it is not necessary to submit a constitutional amendment to enable the Federal Government to tax the income from future issues of its own ...
... issued under authority of the United States . I will explain for clarity of procedure that it is not necessary to submit a constitutional amendment to enable the Federal Government to tax the income from future issues of its own ...
3. lappuse
... future issues of United States Government securities which are now exempt , and on future issues of securities by States and subdivisions thereof . In view of the current program to avoid tax evasion and otherwise to provide for an ...
... future issues of United States Government securities which are now exempt , and on future issues of securities by States and subdivisions thereof . In view of the current program to avoid tax evasion and otherwise to provide for an ...
4. lappuse
... future issues of State and municipal securities ; and by the States on future issues of Federal securities . In the absence of such a constitutional amendment the Treasury is opposed to the enactment of S. 16 , a bill to provide for a ...
... future issues of State and municipal securities ; and by the States on future issues of Federal securities . In the absence of such a constitutional amendment the Treasury is opposed to the enactment of S. 16 , a bill to provide for a ...
9. lappuse
... FUTURE ISSUES OF SECURI- TIES Now CLASSED AS EXEMPT The proposal to impose a tax upon Federal securities and also upon securities of the States and subdivisions thereof , which are now exempt from taxation under the income tax laws of ...
... FUTURE ISSUES OF SECURI- TIES Now CLASSED AS EXEMPT The proposal to impose a tax upon Federal securities and also upon securities of the States and subdivisions thereof , which are now exempt from taxation under the income tax laws of ...
11. lappuse
... future issues be controlled or prohibited by mutual consent of the State and Federal Governments . " Here is a man of great wealth and for many years the head of the Treasury , who would ordinarily be regarded as among the first to go ...
... future issues be controlled or prohibited by mutual consent of the State and Federal Governments . " Here is a man of great wealth and for many years the head of the Treasury , who would ordinarily be regarded as among the first to go ...
Bieži izmantoti vārdi un frāzes
5½ percent amount AUGUSTINE LONERGAN authority borrow money burden Cameron Company Chief Justice collect taxes Congress constitutional amendment corporation debt derived from securities dollars Dominion excise tax exempt from taxation exempt securities favor Federal Government Federal securities Finance francs Frederick Van Nuys future issues Government securities governmental functions income derived income from Federal income from tax-exempt income tax increase individuals interest rates investment investors issue of tax-exempt June 24 June 30 lay and collect legislation Mellon ment municipal bonds municipal securities National net income normal tax obligations opinion power to tax present proposed question ratification Reconstruction Finance Corporation Revenue Act salaries Secretary securities issued Senate Joint Resolution Senator AUSTIN Senator BYRD Senator LONERGAN Senator VAN NUYS sixteenth amendment STAM statement subcommittee Supreme Court surtax Swiss francs tax on income tax the income tax-exempt interest tax-exempt securities tax-free taxation taxing power taxpayers tion United States Government wholly
Populāri fragmenti
24. lappuse - The right to tax the contract to any extent, when made, must operate upon the power to borrow before it is exercised, and have a sensible influence on the contract. The extent of this influence depends on the will of a distinct government. To any extent, however inconsiderable, it is a burden on the operations of government. It may be carried to an extent which shall arrest them entirely.
53. lappuse - The Congress shall have the power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.
1. lappuse - That the following article is hereby proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by conventions in three-fourths of the several States : "ARTICLE — "SECTION 1.
53. lappuse - It is admitted that there is no express provision in the constitution that prohibits the general government from taxing the means and instrumentalities of the States, nor is there any prohibiting the States from taxing the means and instrumentalities of that government. In both cases the exemption rests upon necessary implication, and is upheld by the great law of self-preservation...
31. lappuse - If the right to impose the tax exists, it is a right which in its nature acknowledges no limits. It may be carried to any extent, within the jurisdiction of the state or corporation which imposes it, which the will of each state and corporation may prescribe.
7. lappuse - ... (4) Interest upon (A) the obligations of a State, Territory, or any political subdivision thereof, or the District of Columbia...
31. lappuse - All subjects over which the sovereign power of a state extends are objects of taxation; but those over which it does not extend are, upon the soundest principles, exempt from taxation.
8. lappuse - In the case of obligations of the United States issued after September 1, 1917 (other than postal savings certificates of deposit...
11. lappuse - Another reform which is urgent in our fiscal system is the abolition of the right to issue tax-exempt securities. The existing system not only permits ^a large amount of the wealth of the Nation to escape its just burden but acts as a continual stimulant to municipal extravagance. This should be prohibited by constitutional amendment. All the wealth of the Nation ought to contribute its fair share to the expenses of the Nation.
22. lappuse - The general government, and the States, although both exist within the same territorial limits, are separate and distinct sovereignties, acting separately and independently of each other, within their respective spheres. The former in its appropriate sphere is supreme; but the States within the limits of their powers not granted, or, in the language of the Tenth Amendment, "reserved," are as independent of the general government as that government within its sphere is independent of the States.