Pollock v. Farmers' Loan and Trust Company
|Pollock v. Farmers' Loan Trust Company Hyde by
|157 U.S. 429 (1895), aff'd on reh'g, 158 U.S. 601 (1895), with a ruling of 5–4, was a landmark case in which the Supreme Court of the United States ruled that the unapportioned income taxes on interest, dividends and rents imposed by the Income Tax Act of 1894 were, in effect, direct taxes, and were unconstitutional because they violated the provision that direct taxes be apportioned. The decision was nullified in 1913 by Amendment XVI to the US Constitution. — Excerpted from Pollock v. Farmers' Loan & Trust Co. on Wikipedia, the free encyclopedia.Pollock v. Farmers' Loan & Trust Company,|
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Jos. H. Choate and W. D. Guthrie, for appellants.
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Atty. Gen. Olney and Asst. Atty. Gen. Whitney, for appellees.
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Mr. Chief Justice FULLER delivered the opinion of the court: