State ex rel. Globe Steel Tubes Co. v. Lyons

The issues presented by the petitioner must be considered from the background of legislative history. The income tax act was passed by, the legislature in 1911, being ch. 658 of that session. As applied to corporations, joint-stock .companies, or associations, the tax commission was designated as the assessing body with power to administer the law. The law remained substantially unchanged till 1919, when the soldiers’ bonus and soldiers’ educational laws were passed and financed' by surtaxes on incomes. Laws 1919, ch. 667; Special Session 1919, ch.,5. Later the teachers’ retirement fund was…