The supreme court, of the commonwealth of virginia, decides Oliver v. Halstead:
Compensation for labor can not [sic] be regarded as profit within the meaning of the law. The word “profit,” as ordinarily used, means the gain made upon any business or investment — a different thing altogether from mere compensation for labor.
[added 5/31/2025]
Subsequent Events:
Authority:
virginia constitution of 1902, article I, sections 1 and 17
ballotpedia.org/Article_I,_Virginia_Constitution
References:
Alan Stang, Tax Scam: How the IRS Swindles You and What You Can Do About It!, (Alta Loma, California: Mt. Sinai Press, 1988), 74-75.
Current U.s. National Debt:
