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
vicki and we first told you about the officers being cleared in this case. Through our mobile app. We sent a push alert at 3 00 this afternoon. Make sure you download the kron four mobile app to always stay up to date on breaking news. grant the wife of orlando nightclub shooter omar mateen. Has pleaded not guilty in court. Today. Bay area native noor salman appeared in a courthouse in orlando, florida. She faces charges relating to helping her husband carry out the shooting. Prosecutors say salman knew about the nightclub attack that killed 49 people. She was arrested in january here in rodeo. But was transferred last week to florida. A trial date has been set for june. vicki now to a big story weve been following all week. United Airlines Says it is making changes after a passenger was forcefully removed from a flight over the weekend. United airlines Ceo Oscar Munoz says he is ashamed after seeing the video of a bloody passenger dragged off the plane. Doctor david dao was removed fr
Tonight. And joins us live now from San Francisco. With more on todays decision by the das office not to charge those officers. Alecia . The District Attorney says in order for them to have charged the 2 officers involved in this deadly shooting, they wouldve had to prove beyond a reasonable doubt that the officers did not act in self defense or in the defense or others. Pkgafter interviewing at least 3 dozen witnesses, reviewing the medical examiners report, a toxicology report, and reports from an independent examiner, District Attorney George Gascon has decided the two officers that shot Amilcar Perez lopez to death are not at fault. Lets say you do not believe the officers as to the fact that they were in fear for their lives, or you do not believe the expert in the timed reaction, the reality is the officers are justified under the law to protect others. Perez lopez was shot half a dozen times, mostly in the back. The da says it was lawfully done. Plain clothes officers craig tiff
pkg i need justice for ebbie an emotional plea by family and friends of 16year old Elena Mondragon at tuesday nights Hayward City Council meeting. Thats not right, they killed a child. Elena mondragon was killed by Fremont Police on march 14th in hayward when investigators say undercover officers tried to stop a stolen car wanted in connection with multiple armed robberies. Investigators say when they tried to stop the car the driver drove into the Detectives Police vehicles, injuring the two detectives. During the incident, the detectives fired their weapons at the suspect driving the vehicle and hit mondragon. Shes 16years old, thats what needs to be remembered, she was sixteen. Hayward police is one of the agencies investigating the shooting since it happened in their city. Elenas family is demanding answers. Were not here to blame people and to find blame, were here to collect accountability from people, be it the person that was driving the car or the officers, someone needs to be