Pollock v Farmers' Loan & Trust Co
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U.S. Supreme Court POLLOCK v. FARMERS' LOAN & TRUST CO., 158 U.S. 601 (1895)
158 U.S. 601
POLLOCK v. FARMERS' LOAN & TRUST CO. et al.
HYDE v. ...
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U.S. Supreme Court POLLOCK v. FARMERS' LOAN & TRUST CO., 157 U.S. 429 (1895)
157 U.S. 429
POLLOCK v. FARMERS' LOAN & TRAUST CO. et al. [Footnote...
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In 1895, the U.S Supreme Court upheld in Pollock v Farmers' Loan & Trust Co. that the federal government had no power under the Constitution to tax municipal bond interest. This has enabled states and municipalities to maintain a relatively low cost to finance their public projects, while giving investors in these projects an opportunity to earn tax-free income.
Since this landmark decision, investors and issuers alike have benefitted. Although the government and other case law since has attempted (and is again attempting) to modify the benefits of this symbiotic relationship, it is doubtful the new changes will gain much traction.
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A 5?4 decision of the Supreme Court, Pollock v. Farmers' Loan & Trust Co., 157 U.S. 429, 15 S.Ct. 673, 39 L.Ed 759, on rehe...
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...Thus, in Pol-lock v. Farmers' Loan and Trust Co. , the Court sustained the jur... to correct "a century of error" in Pollock v. Farmers' Loan & Trust Co. Since then, more tha...
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CHARLES EVANS HUGHES called these decisions a "selfinflicted wound" compar...
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... of the Court's decision in 1895 in Pollock v. Farmers' Loan & Trust Co. , whereby the attemp...
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.... Pollock v. Farmers' Loan & Trust Co., 158 U.S. 601, 637 (1...
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...In addition, relying on Pollock v. Farmers' Loan & Trust Co., 157 U.S. 429 (1895...
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... inconsistent with this Court's holding in Pollock v. Farmers' Loan & Trust Co., 157 U.S. 429 , that...