[Political Junkie Too]

This rationale is in line with the Kelo ruling of SCOTUS. A wealth tax is an eminent domain taking of your property by the government.

In Kelo, the court ruled that an eminent domain taking must be for a public use, and that the higher taxes gained by more profitable use by a different owner would be a public good. In other words, a public good was a valid public use.

Now they are saying that it is a public good to take more property from a wealthy private owner, but without fair compensation.

-PJ

[Lmo56]

This rationale is in line with the Kelo ruling of SCOTUS.

Kelo is the MOST f'd up ruling SCOTUS has made since Dred Scott ...

The only silver lining in this whole mess is that AFTER New London acquired the properties, Pfizer BACKED OUT of its pledge to continue to build its campus, and the New London City Council was left holding their di*ks in their hands - and NO extra tax revenue ...

If the residents had been allowed to reamin - at least the city would still have gotten the property taxes on the old homes ...

http://www.nytimes.com/2009/11/13/nyregion/13pfizer.html

[Yardstick]

A wealth tax is a direct tax and therefore explicitly forbidden by that Constitution thing, unless apportioned according to the census, which wouldn’t work for a wealth tax.