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Old 07-02-2008, 10:08 AM
mertensv16 mertensv16 is offline
Practice Makes Perfect
 
Join Date: Feb 2008
Posts: 315
What the Brushaber court meant was that the 16th didn't give Congress the power to tax something new. Since Congress has always had the power to tax incomes, the only "new power" it received as a result of the 16th was the power to tax investment income without apportionment. This relates solely to the method of exercising the power of taxation, not to its subject matter.
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