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Eminent domain is the government’s Constitutional right to take a landowner’s private property for public use. In exchange, the government pays the landowner “just compensation” equivalent to the damages caused by the taking. How does the government arrive at the...
Download as PDF: Taxation 2005_20141113151152 By Belinda R. Johnson As the old adage goes, “Nothing is certain but death and taxes.” While this may not be entirely accurate, there is certainly no denying that everyone is born and eventually dies, and federal income taxes are a large part of life between the two events. A large part of the federal income taxation process involves…