To: Ohioan
Honestly, I think a wealth tax is more honest than an income tax for the following reason: the income tax protects the power of those with established wealth and acts as a gatekeeper, suppressing the nouveau-riche and making it hard for them to reach established wealth status. Thus, a wealth tax would attack the established elite as opposed to rising entrepreneurs and brilliant young business people who are generating huge incomes.
As a result, an outright "wealth tax" has zero chance of actually passing because the left holds an extraordinary amount of the wealth in this country already. The income tax serves their purpose perfectly.
31 posted on
03/01/2019 11:26:47 AM PST by
Antoninus
("In Washington, swamp drain you.")
To: Antoninus
You are looking for ulterior motives in justifying something clearly outside of the Constitutional intent. The last thing the founders would have wanted for the Federal Government was a role in trying to reengineer American society or social values.
Wealth Tax
34 posted on
03/01/2019 11:43:13 AM PST by
Ohioan
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