Instead of gifting the stock to Child, Parent decides to kee…

Instead of gifting the stock to Child, Parent decides to keep the stock and instead transfer to Child income from rental property owned by Parent.  The property is worth $400,000.  The property generates $10,000 in profit every year.  Parent gifts $10,000 to Child in YEAR 1.  In YEAR 2, Parent again gifts $10,000 to Child.  In YEAR 3, Parent decides to gift the entire rental property to Child instead, and the property generates $10,000 income when it is owned by Child.  What are the tax consequences of these transactions to Child?

A lot has changed since 1966, when watermelon workers in the…

A lot has changed since 1966, when watermelon workers in the South Texas borderlands walked out of the melon fields in a historic strike to protest poor wages and appalling working conditions. They marched 400 miles to the state capital of Austin; California labor activist and union leader Cesar Chavez joined them and ultimately succeeded in their cause as the courts ruled in their favor?