...the definition of income stated by the Supreme Court in Eisner v. Macomber, 252 US 189, 207 (1920), as "the gain derived from capital, from labor, or from both combined." They argue that the "gain" from labor cannot be determined until the "cost of doing labor," ie, their...

...amendment became part of the Constitution February 25, 1913. In 1913 Mr. Justice Pitney defined income as "The gain derived from capital, from labor, or from both combined, "130 ancj {his definition was reiterated in Eisner v. Macomber, 252 US 189 (1920). In view of this...

...the light of the Supreme Court's characterization of income in Eisner v. Macomber, 252 US 189, 207, as "the gain derived from capital, from labor, or from both combined," and that the damages were windfalls which did not come within that definition. The Supreme Court decided...

...call template-like concepts, beginning with what was essentially a dictionary definition of income. "Income may be defined as the gain derived from capital, from labor, or from both combined," he wrote, 252 US 189, 207 (1920), lifting the exposition from two cases arising under the Corporation...

...meaning." Perrin v. United States, 444 US 37, 42 (1979). The plurality recognizes that income commonly is defined as " ' "the gain derived from capital, from labor, or from both combined," provided it be understood to include profit gained through a of the AFDC statute, and so is entitled...

...Macomber. 252 US 169, (19201. is here given along with another tax case occurring eight years afterwards: "Income may be defined as the gain derived from capital, from labor, or from both combined," provided it be understood to include profit gained through a sale or conversion of capital assets ....

...question, although the answer was universally known. They, however, defined it in light of the 16 Amendment as; "the gain derived from capital, from labor or from both combined". How many "sources" aid they list, only two. Why? Because, "income" belongs to the person owning the...

...denied. 510 US 992 (1993) 16 As noted by one state tax expert. "'[i|ncomc.' we were told long ago. 'may be defined as the gain derived from capital, from labor, or from both combined '" W Hcltcrstcin. On the Proposed Single-Factor Formula In Michigan. Stale Tax Notes. Oct 2. 1995,...

...denied, 5I0 US 992 (l993). "' As noted by one state tax expert, "'[ijnconie,1 we were told long ago, 'may be defined as the gain derived from capital, from labor, or from both combined.'" W. Hellerstein, On the Proposed Single-Factor Formula in Michigan, State Tax Notes, Oct. 2, I995, at...

...that is quite different from the layman's concept. The Supreme Court has approved this definition: "Income may be defined as the gain derived from capital, from labor, or from both combined, provided it be understood to include profit gained through a sale or conversion of capital assets."...