Proceedings of the ... Annual Conference, Volume 18The Association, 1926 Each volume beginning with volume 2, includes list of papers published in preceding volumes. |
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ad valorem tax administration adopted amendment amount annual appointed assessment authority banks board of equalization bonds burden capital stock cent CHAIRMAN classified committee companies conference Connecticut constitution Dakota deductions discussion districts dollars duties elected enacted erty excise exempt from taxation federal foreign corporations franchise tax fund gasoline going Governor income tax increase inheritance tax intangible property interest interstate commerce land legislation legislature levy license fee license tax Louisiana Massachusetts measure ment mills Minnesota Mississippi Montana motor vehicles municipal National Tax Association net income owner paid parish Pennsylvania personal property PRESIDENT property tax provides purposes question real estate repealed resolution result revenue Rhode Island SECRETARY HOLCOMB shares SNEED South Carolina South Dakota Supreme Court surtax tax commission tax commissioner tax law tax rate tax returns tax-exempt securities taxable taxation taxpayers tion United valuation vote York
Popular passages
Page 132 - The only security against the abuse of this power, is found in the structure of the government itself. In imposing a tax, the legislature acts upon its constituents. This is, in general, a sufficient security against erroneous and oppressive taxation. The people of a state,- therefore, give to their government a right of taxing themselves and their property, and as the exigencies of government...
Page 132 - It is obvious that it is an incident of sovereignty, and is co-extensive with that to which it is an incident. All subjects over which the sovereign power of a state extends are objects of taxation, but those over which it <loes not extend are, upon the soundest principles, exempt from taxation.
Page 164 - If we measure the power of taxation residing in a state, by the extent of sovereignty which the people of a single state possess, and can confer on „ , its government, we have an intelligible standard, applicable *to every •* case to which the power may be applied.
Page 27 - All taxes shall be uniform, upon the same class of subjects, within the territorial limits of the authority levying the tax, and shall be levied and collected under general laws...
Page 314 - States — ******* (2) An amount equal to the value of any property (A) forming a part of the gross estate situated in the United States of any person who died within five years prior to the death of the decedent...
Page 177 - ... by whatever name the exaction may be called, if it amounts to no more than the ordinary tax upon property or a just equivalent therefor, ascertained by reference thereto, it is not open to attack as inconsistent with the Constitution.
Page 310 - That every partnership shall make a return for each taxable year, stating specifically the items of its gross income and the deductions allowed by this title, and shall include in the return the names and addresses of the individuals who would be entitled to share in the net income if distributed and the amount of the distributive share of each individual. The return shall be sworn to by any one of the partners.
Page 156 - They may adopt the common law, or some other system, as their own judgment of the interests of their people may determine. They have general dominion, and, saving as restricted by particular provisions of the Federal Constitution, complete dominion over all persons, property, and business transactions within their borders; and in regulating its internal affairs a State...
Page 132 - It may be objected to this definition, that the power of taxation is not confined to the people and property of a State. It may be exercised upon every object brought within its jurisdiction.
Page 164 - It has repeatedly been held that the constitutionality or unconstitutionality of a state tax is to be determined, not by the form or agency through which it is to be collected, but by the subject upon which the burden is laid.