The third circuit court of appeals hands down Penn Mutual Indemnity v. Commissioner of Internal Revenue: “Congress has the power to impose taxes generally, and if the particular imposition does not run afoul of any constitutional restrictions then the tax is lawful, call it what you will.”
[restored 9/25/2022] Thanks to Bill Holmes for this entry.
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Penn Mutual Indemnity v. Commissioner of Internal Revenue, 277 F.2d 16, 20 (3d Cir. 1960).
277 F2d 16 Penn Mutual Indemnity Company v. Commissioner of Internal Revenue | OpenJurist
openjurist.org/277/f2d/16/penn-mutual-indemnity-company-v-commissioner-of-internal-revenue
The Goal Is Freedom Tax Tyranny | News & Commentary | The Foundation for Economic Education In Brief
www.fee.org/articles/in-brief/the-goal-is-freedom-tax-tyranny/
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