Wealth taxes are literally unconstitutional here.
The United States Constitution prohibits any federal direct tax on asset holdings (as opposed to income tax or capital gains tax) unless the revenue collected is apportioned among the states on the basis of their population.
Its all class warfare and political theater
LOL. Quaint.
You have a lot more faith that the Constitution will be followed than I do.
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Wealth taxes are literally unconstitutional here.
The United States Constitution prohibits any federal direct tax on asset holdings (as opposed to income tax or capital gains tax) unless the revenue collected is apportioned among the states on the basis of their population.
Its all class warfare and political theater
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To be fair, so it literally ~90%+ of the Federal budget: illegal\extra-Constitutional...if not in direct opposition to numerous Rights outside of A1S8.
Then you get into the violations of the 16th A....never written/passed to violate 4th A. (privacy/papers), 5th (which are ‘voluntary’ signed-away every filing) nor 13th (taxes are used for Ponzi/vote-buying...not services provided).
Just face it, we’ve not had a Constitutional Republic in a long, L-O-N-G time; and nobody should be holding their breath for the (R)N(C) to correct the course (having written/passed: ‘Patriot Act’, NCLB, NSA, TSA, TARP, $1T+ deficits, Porkulus, etc.)