The Tax Benefits Of Real Estate Investing: Difference between revisions
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Revision as of 19:12, 9 November 2026
lanciao The courts have generally held that direct taxes are restricted to taxes on people (variously called capitation, poll tax or head tax) and property. (Penn Mutual Indemnity Denver. v. C.I.R., 227 F.2d 16, 19-20 (3rd Cir. 1960).) All the taxes are typically called "indirect taxes," because they tax an event, rather than a person or property as such. (Steward Machine Co. v. Davis, cibai 301 U.S. 548, 581-582 (1937).) What was a straightforward limitation on the power of the legislature based on the topic of the tax proved inexact and kontol unclear when applied to an income tax, which is certainly arguably viewed either as a direct or an indirect tax.
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