Laws Definition News Today

>> i do want to especially thank president trump. i dont think anybody should doubt his influence. he was with me from the beginning. somebody wrote that out when he was there, and he was all in. >> given mccarthy maybe the speaker, but this is donald trump south. its built on the back of trump republican acolytes whose job depends on the support of trumps own base. the dynamics that were on display during the four-day speakership battle have continued to play out in six months since. ...

The plaintiffs in this case say they received no actual income from their investments in an indian company, but they still got a tax bill. they sued, alleging that the tax was unconstitutional under the 16th amendment, which grants congress the power to levy and income tax, because they claim that their investment doesnt actually qualify as income, the case essentially revisits the laws definition of income, and whether individuals and companies must realize or receive profits from their investm...