DEPARTMENT OF REVENUE OF KENTUCKY, et al., Petitioners,
v.
George W. DAVIS et ux.
Supreme Court of United States.https://leagle.com/images/logo.png
Argued November 5, 2007.
Decided May 19, 2008.
Attorney(s) appearing for the Case
C. Christopher Trower, Atlanta, GA, for petitioners.
G. Eric Brunstad, Jr., Hartford, CT, for respondents.
Douglas M. Dowell, Donald S. Guier, Frankfort, KY, C. Christopher Trower, Counsel of Record, Atlanta, GA, Gwen R. Pinson, Office of General Counsel, Frankfort, KY, for Petitioners.
Charles R. Watkins, John R. Wylie, Futterman Howard Watkins, Wylie & Ashley Chtd., Chicago, Illinois, David J. Guin, Tammy McClendon Stokes, Donaldson & Guin, LLC, Birmingham, Alabama, G. Eric Brunstad, Jr., Counsel of Record, Rheba Rutkowski, Bingham McCutchen LLP, Hartford, Connecticut, M. Stephen Dampier, Law Offices of M. Stephen Dampier, P.C., Fairhope, Alabama, Irvin D. Foley, Anthony G. Raluy, Foley Bryant & Holloway, Louisville, Kentucky, M. Scott Barrett, Dennis T. Trainor, Barrett & Associates, Bloomington, Indiana, Charles S. Zimmerman, Hart L. Robinovitch, Zimmerman Reed P.L.L.P., Minneapolis, Minnesota, Seth N. Stratton, Christopher S. Hurld, Sukti Dhital, Alison E. Hickey, Michael C. Moran, Jeff Goldman, Amy Lawler, Nicholas E. Salazar, Bingham McCutchen LLP, Hartford, Connecticut, Donn H. Wray, Stewart & Irwin, Indianapolis, Indiana, Arthur T. Susman, Matthew T. Hurst, Matthew T. Heffner, Susman Heffner & Hurst, Chicago, Illinois, for Respondents.
JusticeSOUTER delivered the opinion of the Court, except as to Part III-B.*
For the better part of two centuries States and their political subdivisions have issued bonds for public purposes, and for nearly half that time some States have exempted interest on their own bonds from their state income taxes, which are...
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