"Doing business as" Quotes from Famous Books
 ... government.[232] Another decision marking a clear departure from the logic of Collector v. Day was Flint v. Stone Tracy Company,[233] where the Court sustained an act of Congress taxing the privilege of doing business as a corporation, the tax being measured by the income. The argument that the tax imposed an unconstitutional burden on the exercise by a State of its reserved power to create corporate franchises was rejected, partly in consideration of the principle of national supremacy, and partly ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin |
