Observation: Although there is an argument that the foreign base company sales income would have to be earned through the activities of the CFC, the broad scope of the original decision incited considerable criticism from commentators as well as the IRS.
No, I would not. He was a Democratic-Republican, the opposition to the Federalist Party. There was no Republican or Democratic Party at that time. Jackson (about 4 or 5 elections after Madison) is known as the founder of the modern Democratic Party, and Lincoln, a few decades later, was the first Republican president. some teenager Â· 7 years ago.
When did James Madison serve as president of the United states? James Madison (4th President) served two terms, from March 4, 1809 until March 4, 1817 for a total of eight years in office. 19 people found this useful.