Fact: the sixteenth amendment was ratified by 42 states.
Fact: according to Republican President WH Taft the overarching concept of the corporate income tax legalized by ratification of the sixteenth amendment is for...
... the privilege of doing business as an artificial entity and of freedom from a general partnership liability enjoyed by those who own the stock.
The original income tax was specifically intended to tax corporations and high earning people and to bypass people earning below middle income. The overwhelmingly Republican legislatures outside former confederate states that ratified the sixteenth amendment were clear they passed the tax on the basis it is fair for bloodless entities and wealthy folks to pay something for the opportunities and protections provided them by wage earners and government.
Sad, really, how easy it was for a B actor/New Dealer fronting for Wall Street financiers white trash America to sell white trash Murka on the legal malfeasance described as the "corporate person". Fooling white trash into believing he was competent for about five of his eight years - 1982-1986 - was the finest role the bobbleheaded old shill ever played.
Don Regan, Reagan's actual boss, had been CEO of Merrill Lynch. Regan led the drive to put investment offices in small town Murka. By the time Otis Chandler handed Reagan off to Regan like a mistress moving up, Regan realized that
DESPITE THE 1978 401k law lack of credit limited opportunities for Wall Street to put a first class fucking on blue collar America. Regan led his bobbleheaded puppet to triple the US national debt fueling a fake "new economy" that was entirely Keynesian corporate welfare one still hears halfwits describing as "supply side" and a good thing while in the next breath criticizing "the Kenyan", Obama, for continuing ReagaNUTism unabated.
One hopes white trash America enjoys the fucking they gave themselves electing Reagan, defeating Pap Bush (the last rational Republican, Pap Bush began cutting military spending the day he took the oath and he understood Hussein paid America more in benefits than he cost in risk) and so electing Clinton, then in remorse electing Pap's halfwit boy, and last and most hilariously re electing the most provably failed president in US history thereby electing Obama.
That the rise of self-proclaimed patriotic white trash as a unified political force in the complete control of anti-American corporate malefactors led directly to the decline of the United States as a voice of reason in global affairs just tickles the hell out of me. Not because the global status of the US matters to me - it doesn't, but because local nutballs can't handle being challenged in public over their own debt-fueled madness and using "big government big borrower big spender Reagan" in public against locals here emphasizes both their stupidity and their incompetence. Like nutballs on the national level, they simply have no answers challenging the truth.