Public service, along with these other television providers, giving you a front row seat to democracy. I would expect that a good number ostates will say, whoeve the democratic candidate is, you are off the ballot, and others, for the republican candidate, you are off the ballot. It will come down to a handful of states that will decide the president ial election. I think the question you will have to confront is why single state who gets to decide who should be president of the united states. Host today at the Supreme Court, the nine justices heard oral argument in a historic case about whether the insurrection clause of the constitution disqualifies former President Donald Trump from appearing on the primary ballot in colorado. Tonight, we want to get your reaction to the case. Yours how you can join the conversation. Republicans, 2027488921. Democrats 2027488920. All other style and that 2027488922. Voters in colorado we want to hear from you at 2027488923. You can also join us on x
Argument in a case involving the taxation of earnings de by americans from a foreign company. The ca focuses on an indiabased company with more than half of its ownership held by americans. It was brought forward by a plaintiff who objected to a clause in a 2017 change in tax law that would have required a onetime repatriation test. This is about two hours. The court squarely held us much just a few years following adoption of the amendment. The it is undpud that the petitioners realedothing froms are stock investment. They were taxed not because they have no income but because in 17hey happened to owe shares in a corporation carrying retained earnings on its bks this is a tax on the ownership of property and therefore must be apportioned. The government cannot identify a single thing congress could not tax income underts position that reazation is unnecessary. Thout realization there is no limiting principle. Excepting the governments position on income would make a hash of the curren
Good afternoon. I am richard lui in for yasmin. The christmas dozens of Flights Canceled due to weather in the mid let leaving airline scrambling to get Travelers Home for the holidays. A live report on the situation just a moment. And, a brandnew falling by Donald Trumps legal team on the issue of president ial immunity, essentially their clients commute completely immune from prosecution. This sets up a showdown of what the Special Counsel and the hearing set for early january. Breaking news for you as well, the Israeli Military revealing the fate of five hostages whose bodies were found in the tunnels of gaza. We will get the details with that just into. Us with record breaking numbers of migrant the board of this week, some negotiators working the phone lines through the congressional recess to find a deal on immigration. Well also look back at the Culture War Bottles of 2023 when america appeared to be a war with itself. That is coming up, later this hour. We are going to start th
By americans. It w brought forward by a plaintiff who objected to a clause in a 2017 change in tax law that would have wired a repatriation tax. This is about two. The court squarely held us much just a few years foowg adoption of the amendment. The the presidt kes easy work of the case. It is undisputed the petiors realize nothing from their stock investment. They were taxed not because they had income but becse in 2017 they happened to own sharein corporation. This is a taxn e ownership of property. Dispensing with the need for realization, the framers regarded this as the essential chec on the power of congress to taxrorty. The government cannot identify a single thing congress could not tax its income under its position realization is unnecessary. Without realization there is no limiting principle. Accepting th government position on income would make a cap hash of the current law. Gateway defition of gross income asserts congresses taxing por der the 16th amendment roh reaching al
This is about two hours. The court squarely held us much just a few years following adoption of the amendment. The the president makes easy work of the case. It is undisputed the petitioners realize nothing from their stock investment. They were taxed not because they had income but because in 2017 they happened to own shares in a corporation. This is a tax on the ownership of property. Dispensing with the need for realization, the framers regarded this as the essential check on the power of congress to tax property. The government cannot identify a single thing congress could not tax its income under its position realization is unnecessary. Without realization there is no limiting principle. Accepting the government position on income would make a cap hash of the current law. Gateway definition of gross income asserts congresses taxing power under the 16th amendment through reaching all income from whatever source derived. If the government possession position in this case is right th