Skip to content

Recent Posts

  • Taxgirl Goes To The Movies: Star Wars
  • Looking For Tax Breaks?
  • Taxgirl Goes Back To The Movies In 2025
  • Here’s What You Need To Know About Submitting Tax Questions
  • Looking For More Great Tax Content?

Most Used Categories

  • individual (1,314)
  • politics (862)
  • IRS news/announcements (753)
  • tax policy (582)
  • ask the taxgirl (543)
  • prosecutions, felonies and misdemeanors (479)
  • just for fun (478)
  • state & local (403)
  • pop culture (399)
  • charitable organizations (389)
Skip to content

Taxgirl

Because paying taxes is painful… but reading about them shouldn’t be.

  • About Taxgirl
  • Info
    • My Disclaimer
    • A Word (or More) About Your Privacy
    • Subscribe
  • Ask The Taxgirl
  • Comments
  • Taxgirl Podcast
    • Podcast Season 1
    • Podcast Season 2
    • Podcast Season 3
  • Contact
  • Home
  • 2020
  • July
  • 12
  • Tax Trivia: SCOTUS Cases
stock market quotes

Tax Trivia: SCOTUS Cases

Kelly Phillips ErbJuly 12, 2020July 16, 2020

We have a winner! Ron guessed first that the plaintiff owned 10 shares in the Pollock v Farmers Loan and Trust Co. Keep watching for our next question.

Our next tax trivia question is:

The Supreme Court Of The United States (SCOTUS) doesn’t hear a lot of tax cases, but when they do, they make news. One of the earliest SCOTUS tax cases was an unpopular one involving a direct tax on the income of American citizens and corporations. The tax was found to be unconstitutional and that result eventually led to the Sixteenth Amendment.

The plaintiff in the case was a Massachusetts man who held shares in a loan and trust company; at the time, the company had, on its books, 40,000 shares. When the company announced to its shareholders that it would provide their names to the internal revenue collector so that they could pay the tax, the plaintiff sued the company. How many shares did he own in the company?

The first correct answer wins a Taxgirl coffee mug.

What’s your guess? You must leave your answer in the comments below. 

To see a complete copy of the rules, including eligibility, click here.

Facebooktwitterlinkedinmail
author avatar
Kelly Phillips Erb
Kelly Phillips Erb is a tax attorney, tax writer, and podcaster.
See Full Bio
social network icon social network icon
Sixteenth Amendment

Post navigation

Previous: Taxes From A To Z 2020: K Is For Kiddie Tax
Next: Taxes From A To Z 2020: L Is For Legal Entity

Related Posts

hockey

12 Days Of Charitable Giving 2020: Halftime Gear

December 30, 2020December 30, 2020 Kelly Phillips Erb
baseball glove and balls

12 Days Of Charitable Giving 2020: On My Team 16

December 29, 2020December 29, 2020 Kelly Phillips Erb
restaurant table

12 Days Of Charitable Giving 2020: Change Is On The Menu

December 28, 2020December 28, 2020 Kelly Phillips Erb

4 thoughts on “Tax Trivia: SCOTUS Cases”

  1. Ron Honeychurch says:
    July 12, 2020 at 9:11 pm

    10 shares.

    Reply
  2. Karen Spruill says:
    July 12, 2020 at 9:23 pm

    10

    Reply
  3. Ann Madden says:
    July 12, 2020 at 10:06 pm

    Charles Pollock owned 10 shares of stock in Farmers’ Loan & Trust Company.

    Reply
  4. Susan Dennis says:
    July 12, 2020 at 11:12 pm

    10 shares

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

© 2005-2022, Kelly Phillips Erb | Theme: BlockWP by Candid Themes.
Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset
  • SitemapSitemap
  • FeedbackFeedback