Katz v. Tax Commission

The following opinion was filed January 10, 1933:

Fairchild, J.

While it is important for the purpose of raising revenue that every taxable item be disclosed so that *627it may bear its proper burden, there can be no imposition of taxes not consistent with the general principles underlying the system adopted. The law requires the taxpayer in his report to disclose his taxable income. When this is faithfully attended to the tax to be imposed follows the terms of the statute, and no power other than legislative exists under the republican form of government to lower or increase it. The officials…