Business transactions and President Trump's "emoluments" problem

Recently, some have argued that the term "emoluments," as used in the Constitution's Foreign Emoluments Clause and Presidential Emoluments Clause, reaches any pecuniary advantage, benefit, or profit arising in connection with business transactions for value. Tillman finds out why ther...

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Bibliographic Details
Published in:Harvard journal of law and public policy 2017-06, Vol.40 (3), p.759
Main Author: Tillman, Seth Barrett
Format: Article
Language:English
Subjects:
21st century
Advantages
Auctions
Bribery
Business
Case law
Compensation
Constitutional interpretation
Constitutional law
Conventions
Deals (Business)
Emolument
Fair market value
Federal government
Finance
Income taxes
Language
Laws, regulations and rules
Political aspects
President of the United States
Presidents
Profits
State court decisions
Supreme Court decisions
Wages & salaries
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Summary:Recently, some have argued that the term "emoluments," as used in the Constitution's Foreign Emoluments Clause and Presidential Emoluments Clause, reaches any pecuniary advantage, benefit, or profit arising in connection with business transactions for value. Tillman finds out why there's good reason to doubt the correctness of this position. He concludes that business transactions for value are not encompassed by the term "emolument" as used in the Constitution.
ISSN:0193-4872
2374-6572