is a wealth tax constitutional?
I question if it is. We needed a constitutional amendment for the federal government to levy income taxes.
I question if it is. We needed a constitutional amendment for the federal government to levy income taxes.
Perhaps Liz has never read the Constitution. Wealth taxes are prohibited by Article 1, Section 9 sub-section 4. The 16th Amendment provides for only an income tax.
Seems to me its either double taxation or taxation without representation. Kinda like how you have to continually pay the government to stay in the house you own.