This program over the nationwide network cspan. Three, which is American History. The people are in attendance of this meeting today. Were in the how auditorium of the Boston Campus Marymount University in arlington virginia, just a very crusty from washington, d. C. These, are all James Madison fellows who were awarded a 24,000 graduate fellowship to study the us constitution. And theyve been attending a four week summer institute, the constitution here and theyre just about to conclude. So if you happen to be a teacher either middle school, high school, you teach government history or civics courses, and youre in our program. If you know someone that teaches courses, we encourage them. Visit our website, which is just James Madison dot gov and youll find about the opportunity to study under the James Madison fellowship. Now id like to turn the time over to the Foundation Director education, dr. Jeff morrison, who will introduce our guest speaker. Dr. Morrison. Well, you. Mr. Larson a
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
Lectures about upholding our institutions and protecting democracy, but just as often, they find a way to undertake some new reckless attack against the courts and rule of law. Im proud of how our nations highest court has weathered these latest baseless attempts to attack its authority. I believe in the integrity and honesty of all nine justices all nine of them. They should pay the partisan grandstanding no mind at all. This meeting of the Senate Judiciary committee will come to order. Today, the Senate Judiciary Committee Considers the topic of Supreme Court Ethics Reform. Being a federal judge is a position of great honor and power, but above all, it is Public Service. We entrust judges with administering equal justice under the law. It is critical to our democracy that the American People have confidence that judges cannot be bought or influenced and that they are serving the public interest, not their own personal interests. Over the course of several decades, congress and the Ju
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
And finishes with one last surprise. Resolution one resolves. Chairman be, is hereby directed to subpoena Donald J Trump. Tonight, the unexpected, historic decision, to try to compel testimony from a former president. I dont want people to know, this is embarrassing, figure it out, we need to figure out, i dont want people to know we lost. New information about the advanced planning of the violence that day. In fact, that the white house knew it. A source went on to say, their plan is to literally kill people. Please, please, take this tip seriously, and investigate further. Were coming in if you dont bring her out plus, never before seen footage as congressional leaders fought to regain control. This is just horrendous, and all at the word of the president of the United States. What may be the final hearing of the january 6th investigation, it is time for final answers. Our duty, today, is to our country, our children, and our constitution. We are obligated to seek answers, directly,