 | 1895 - 914 lapas
...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 lapas
...consideration provides 'that nothing herein contained shall apply to States, counties or municipalities.' It is contended that, although the property or revenues...same want of power to tax the property or revenues from the States or their instrumentalities exists in relation to a tax or the income from their securities,... | |
 | 1919 - 1030 lapas
...federal government cannot tax the income from state and municipal bonds, Chief Justice Fuller declared: "It is contended that although the property or revenues...revenues of the States or their instrumentalities exists hi relation to a tax on the income from their securities, and for the same reason, and that reason... | |
 | John H. Hoffman, David M. Wood - 1921 - 142 lapas
...income derived from municipal bonds, which was carried to the Supreme Court of the United States. It was contended that although the property or revenues of the States or their instrumentalities could not be taxed, nevertheless the in" Revenue Law 1918, Sec. 213. "Post, page 41. "Bank v. Yankton... | |
 | United States. Congress. Senate. Committee on Finance - 1924 - 468 lapas
...Government can not tax the interest paid on State and municipal bonds. Here Chief Justice Fuller observed : It is contended that although the property or revenues of the States or their instrumentalities can not be taxed, nevertheless the income derived from State, county, and municipal securities can... | |
 | Andrew William Mellon - 1924 - 250 lapas
...of the Federal Government. "With reference to this third point, Chief Justice Fuller said (p. 585) : It is contended that although the property or revenues of the States or their instrnmentalities cannot be taxed, nevertheless the income derived from State, county and municipal... | |
 | 1951 - 1016 lapas
...consideration provides 'that nothing herein contained shall apply to States, counties, or municipalities.' It is contended that although the property or revenues...same want of power to tax the property or revenues from the States or their instrumentalities exists in relation to a tax on the income from their securities,... | |
 | United States. Congress. House Ways and Means - 1959 - 812 lapas
...Bufflnffton v. Day, 78 US 11 Wall. 115; United States v. Baltimore 4 OR Co., 84 US 17 Wall. 322, 332. * * * It is contended that although the property or revenues...same want of power to tax the property or revenues from the States or their instrumentalities exists in relation to a tax on the income from their securities,... | |
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It is contended that although the property or revenues of the States or their instrumentalities cannot be taxed, nevertheless the income derived from State, county, and municipal securities can be taxed. But we think the same want of power to tax the... 
