The House of Representatives Ways and Means Committee submits Report Number 416 to the full House of Representatives, recommending that the Corporate Income Tax Act of 1909 be expanded from taxing the “profits” of corporations to taxing the “earnings” of individuals.
[added 4/5/2025]
Subsequent Events:
Authority:
Article I, Section 8 [Clause 1]
ccc-2point0.com/constitution-for-the-united-states/#aIs8c1
References:
Alan Stang, Tax Scam: How the IRS Swindles You and What You Can Do About It!, (Alta Loma, California: Mt. Sinai Press, 1988), 73.
Current U.s. National Debt:
