Examlex
One advantage of an S Corporation is that the profits of the business are distributed to the owners and taxed as each owner's personal income, thus avoiding the problem of double taxation.
Congress Powers
The legislative powers granted to the U.S. Congress by the Constitution, including taxing, spending, and regulating interstate commerce.
Rational Basis Test
A standard of judicial review that requires a law to be rationally related to a legitimate government interest.
Means-Ends Test
A method of ethics that evaluates actions by examining the goals they seek to achieve and the means used to achieve those goals.
Full Strict Scrutiny
A legal standard requiring the government to prove that a law or policy is necessary to achieve a compelling state interest and is narrowly tailored to achieve that interest.
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