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Jennifer Taub
@jentaub
, 4 tweets, 1 min read Read on Twitter
I did not realize until today that the successful (pre-16th Amendment) challenge to the federal income tax was brought by a shareholder who did not want a corporation (trust company) to pay the taxes.

1/2
supreme.justia.com/cases/federal/…
Other "shareholders' rights" arguments used to bolster corporate constitutional claims were seen around the same time into the present day. The tax case was in 1895.

2/ (renumbering)
In the early 20th century, lawyers unsuccessfully argued that corporations should not face criminal liability for the authorized acts of its agents (employees). They lost when SCOTUS in 1909 decided New York Central.

3/
The Supreme Court rejected the argument that "to thus punish the corporation is in reality to punish the innocent stockholders, and to deprive them of their property without opportunity to be heard, consequently without due process of law."

caselaw.findlaw.com/us-supreme-cou…

4/
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Jennifer Taub
@jentaub
🇺🇸Here we go. Night 2 of the Democratic Candidates Debate.

1/
Our first moderators are Lester Holt, Savannah Guthrie, and Jose Diaz-Balart

2/
First question to Sanders. Will taxes go up for the middle class to support your programs?

Sanders says, "Health care in my view is a human right." Said people will pay less for healthcare under his Medicare for All plan.

Will eliminate student debt by taxing Wall Street

3/
Read 82 tweets
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Jennifer Taub
@jentaub
✅Debate Takeaways

(1) Warren and Castro are stars. Booker is strong.

(2) Beto looks ill.

(3) DeBlasio keeps interrupting.

(4) Delaney is annoyingly centrist.He created a straw man suggesting that some candidates want to make private insurance illegal.

1/
(5) Inslee boasts too much and takes credit for everything in his state. But good on climate.

(6) Klobuchar has some good one-liners.

(7) Ryan likes war.

2/
(8) Booker is good on guns, but Warren's answer is gripping. "Gun violence is a national health emergency in this country." Said, we need to double-down on research. To keep children safe.

3/
Read 4 tweets
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Jennifer Taub
@jentaub
Here we go! Warren gets the first question

1/
Asked whether significant change will affect the economy. She responds that the economy is doing great for a thinner and thinner slice at the top. We need to call out corruption. Huge applause from audiende

2/
Klobuchar gets the next question. Asked about college affordability. She responds first by attacking Trump. Then says that community college should be free and that everyone but top 10% should get help. She also said it should be easier to pay off student loans. Big applause.

3/
Read 99 tweets

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Stu Cvrk
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1. This thread will examine how the U.S. Federal Reserve (FED) came to be.

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Vinay Gupta
@leashless
@disitinerant @BretWeinstein A 1200 apartment block of SF would most probably be owned by a REIT which, in turn, is likely to be owned by a en.m.wikipedia.org/wiki/Pension_f…

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@MomsDemand
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