Constitutional Taxation: Authority and Ambiguities

This chapter examines the constitutional framework governing taxation, focusing on Article I and the powers of Congress related to direct taxes and income taxation. It highlights key Supreme Court cases, such as Pollock v. Farmer's Loan and Trust Company, alongside the significance of the 16th Amendment in shaping modern tax law. The dialogue also unpacks complex issues surrounding unrealized income, wealth taxes, and various tax strategies, providing a comprehensive overview of the ongoing debates in constitutional tax law.