...Quarterly Journal of Economics, IX., 1. "the gains, profits, and income" of all citizens and residents, " derived from any kind of property, rents, interest,...from any profession, trade, employment, or vocation," " or from any other source whatever." Debts, and interest thereon, were exempt. The cost of stocking...

...among other things, that " there shall be assessed, levied, collected, and paid annually upon the gain, profits, and income received in the preceding calendar...by every citizen of the United States — whether said gains, profits, or income be derived from any kind of property, rents, interest, dividends, or...

...1895, and until January 1, 1900, there should be levied, collected, and paid annually upon the gains, profits, and income received in the preceding calendar...residing therein, whether said gains, profits, or income derived from any kind of property, rents, interest, dividends, or salaries, or from any profession,...

...attempt to make an income tax widely inclusive by sweeping phrases. "Gains, profits, or income . . . derived from any kind of property, rents, interest,...from any profession, trade, employment, or vocation, ... or from any other sources whatever " — is it possible, under such a description of the object...

...until Jan. 1, 1900. "there shall be assessed, levied, collected, and paid annually upon the gains, profits and Income received in the preceding calendar...year by every citizen of the United States, whether resident at home or abroad, and every person residing therein, whether said gains; profits or income...

...annually upon the entire net income arising or accruing from all sources in the preceding calendar year to every citizen of the United States, whether residing at home or abroad, and to every person residing in the United States, though not a citizen thereof, a tax of 1 per centum...

...should be levied and paid "annually, upon the gains, profits, and income of every person . . . whether derived from any kind of property, rents, interest,...from any profession, trade, employment, or vocation . . . or from any other source whatever," and also providing for an assessment on trustees of such...

...rece'ved during the preceding calendar year by every citizen of this 32*'lv- '02> * State, whether such gains, profits or income be derived from any kind of property, rents, interests, dividends, or salaries, or from any profession, trade, employment or vocation carried on...

...rate was two per cent on the excess over §4000. It was levied upon all "gains, profits and incomes derived from any kind of property, rents, interest,...from any profession, trade, employment or vocation." The period on which the tax was computed was the preceding calendar year. The tax applied to the entire...

...Oct. 3, 1913, a federal income tax was incorporated in the Underwood tariff law. The tax affects " every citizen of the United States, whether residing at home or abroad, and every person residing in the United States, though not a citizen thereof." The normal income tax is i per cent of the net...