Jason Posted June 26, 2023 Share Posted June 26, 2023 The Supreme Court May Preemptively Ban a Federal Wealth Tax NEWREPUBLIC.COM Given the recent ethics questions about justices’ interactions with billionaires, it’s an interesting case to take on. Quote Link to comment Share on other sites More sharing options...
mclumber1 Posted June 26, 2023 Share Posted June 26, 2023 “If the courts confirm the Sixteenth Amendment’s limited reach now, that would relieve them from having to do so in a politically explosive case directly challenging a wealth tax,” the two lawyers concluded. “The courts would do well to remind Congress at this opportune time that its taxing power is not without limits.” A wealth tax IS unconstitutional. I'm sort of glad that this will (hopefully) get ironed out before we spend years of litigation after such a scheme is put into place. Quote Link to comment Share on other sites More sharing options...
unogueen Posted June 26, 2023 Share Posted June 26, 2023 You guys like words more than action. Quote Link to comment Share on other sites More sharing options...
TUFKAK Posted June 26, 2023 Share Posted June 26, 2023 More taxes without going after the exploitable loopholes make no sense anyway. The system is rigged already, fix that. I used pre existing capital losses to wipe away a fair amount of capital gains a few years ago. The whole thing is a joke. Quote Link to comment Share on other sites More sharing options...
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