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  • The courts would promptly declare that the decision in Pollock v. Farmers Loan & Trust is dead, that the Supreme Court does not even follow it anymore, and that the income tax is an excise, and that the prior decision (Springer v. U.S., 102 U.S. 586) is now the law of the land once again.The Supreme Court gave up the entire rationale of Pollock (which declared that a tax on income from real propert
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