The Supreme Court in 1895 ruled that the income tax was unconstitutional because the tax needed to
Question:
The Supreme Court in 1895 ruled that the income tax was unconstitutional because the tax needed to be apportioned among the states in proportion to their populations. Why would the requirement of proportionality be so difficult to administer?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
The Supreme Court held the income tax to be unconstitutional in 1895 because the inco...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Federal Taxation 2018 Comprehensive
ISBN: 9780134532387
31st Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
Question Posted:
Students also viewed these Business questions
-
How are the penalties likely to be apportioned among the three defendants? Explain.
-
On what basis did the Supreme Court in Eisner v. Macomber decide that stock dividends are nontaxable?
-
On what basis did the Supreme Court in Eisner v. Macomber decide that stock dividends are non-taxable?
-
Use the test of your choice to determine whether the following series converge. 1 + 1.3 1 3.5 + 1 5.7
-
The following are representations of two forms of glucose. The six-membered ring is known to exist in a chair conformation in each form. Draw clear representations of the most stable conformation of...
-
For this problem, use the results of Problem 12.63. a. State the decision rule for testing the null hypothesis that all six groups have equal population medians. b. What is your statistical decision...
-
An individual or team that must deal with limited information and substantial risk is most likely to make decisions based on ____________. (a) optimizing (b) classical decision theory (c) behavioral...
-
The data shown in Table 3E.2 are chemical process yield readings on successive days (read down, then across). Construct a histogram for these data. Comment on the shape of the histogram. Does it...
-
Suppose ABC is a right triangle with sides of lengths a, b, and c and right angle at C. Find the unknown side length using the Pythagorean theorem, and then find the values of the six trigonometric...
-
Phelps Co. was organized on April 1, 2014. The company prepares quarterly financial statements. The adjusted trial balance amounts at June 30 are shown below. (a) Determine the net income for the...
-
For each firm listed in the following, identify whether it would use job costing or process costing. 1. Canned soup producer 2. Custom automobile restorer 3. Facial tissue manufacturer 4. Accounting...
-
Why was pay-as-you-go withholding needed in 1943?
-
Which financial statement assertion related to sales transactions did management violate when it issued the falsified financial statements?
-
What is the probability of getting 150 customers in one day? On average, a clothing store gets 120 customers per day.
-
Distinguish between a defined contribution pension plan and a defined benefit pension plan. Why are defined contribution plans attractive to employers?
-
Why is it logical that contributions made by an employee to a pension plan vest immediately, while an employer's contributions may vest only after a certain period of time?
-
Explain the impact each of the following variables would have on the yearly expense associated with a defined benefit pension plan: a. An increased rate of return on investments held by the pension...
-
In each of the following circumstances, identify the funding method that an employer would likely find most appealing: a. Conserve current cash balances. b. Have equal cash requirements each year. c....
-
Update Exhibit 12-2 for the most recent year and comment on any changes you see in audit activity over the past few years. EXHIBIT 12-2 Various Audit Statistics Type of Return Changes of Audit...
-
A number of years ago the United Food and Commercial Workers Union organized 800 workers of the 1035 employees at one of the Wilson Brothers food operations in Toronto, Ontario. The employees include...
-
The Supreme Court in 1895 ruled that the income tax was unconstitutional because the tax needed to be apportioned among the states in proportion to their populations. Why would the requirement of...
-
Indicate which of the following taxes are generally progressive, proportional, or regressive: a. State income taxes b. Federal estate tax c. Corporate state franchise tax d. Property taxes e. State...
-
Carolyn operates a consulting business as a sole proprietor (unincorporated). Carolyn has been approached by one of her major clients to become an employee. If she accepts the new job, she would no...
-
Gencon Contracting has a blanket contractors equipment policy. If Gencon acquires some new equipment, what kind of coverage is probably provided on this equipment? (Search Chapter 9) a. No coverage...
-
rewrite "I believe that my high standard of ethical conduct is shown in my assignment that I have submitted. I give credit where credit is due, and if I have questions concerning APA guidelines, I...
-
In December 2022, Surf Ltd received a claim from one of its customers commencing a lawsuit alleging faults in the construction of a bridge in a housing estate. This lawsuit amounts to a total of $2.5...
Study smarter with the SolutionInn App