Trying to put the d. A. And her defense team on defense. The accusation is that fani willis had an improper relationship with one of her prosecutors and stood to benefit financially from employing him. The subsequent testimony has been salacious at times, heated at others, especially when willis herself took the stand a couple of weeks ago to call the whole investigation bs. And while the alleged conduct is dominating the headlines, it doesnt change the underlying allegations in the original case, which is that more than a dozen people including the former president , have been accused of coordinating to try and illegally overturn the results of the 2020 elections in georgia. Joining us now, host of the Katie Phang Show right here on msnbc, katie phang. We are watching the courtroom. Judge mcafee is sitting down. Katie, give us the initial state of play. Reporter so today are going to be the arguments, you can call them the closing arguments if you want, katie, because this has become
Or corky from the Night Manager, youll certainly recognsie this famous face. Tom hollander and his fellow actor will keen on stage, on putin and russias billionaires. And with me the real life logan roy. Actor brian cox is back after the huge success of the drama succession. Rain newton smith, the boss of the cbi battling to save it, and salma shah, tory insider and former adviser at the home office. Morning, morning. Promises, promises the conservatives made some huge ones in the past on imigration and they simply havent been kept. Before we talk about that lets take a look at some of the front pages. Theres no one story that dominates today. The sun looks ahead to holly willoughby s return to the Tv Sofa Tomorrrow after all that drama. The mirror suggests auntie holly, claiming the bbc is trying to poach her. Who knows . The sunday times features one of our Talking Points today whats going on at the cbi, suggesting the former boss tony danker is going to sue. And our main conversatio
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
Governments to regulate the economy in different situations. But we are. One thing that you need to keep in mind when because were this class is historical in nature, when youre trying to answer how much power the government has to regulate the economy, the answer is going to be it depends and its going to depend. On a number of factors. The first is historical era, and up until now, weve exclusively focused on the Marshall Court and were going to leave that behind now. You took a quiz on that. You dont need to remember it right now. Were moving on for the next part of the class. Were going to be in whats called the lochner era, which took place at sort of the height of the Industrial Revolution leading up through the great depression. Then there was a major set of changes after the 1930s, and then there was well end the semester by looking at more recent Supreme Court decisions that have sort of pulled back the authority of state and local governments to regulate the economy and you d