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Unless... nothing. There is no power to tax wealth in the Constitution.
by masonic 7y ago
Unless... nothing. There is no power to tax wealth in the Constitution.
- baggy_trough 7y agoI believe it's considered a direct tax. Is that wrong?
- zip1234 7y agoSince there has never been a wealth tax, the matter is up for legal debate.
- teddyuk 7y agoI’m not American so sorry if I am being naive but can the constitution not be changed?
- docdeek 7y agoIt can be but it is incredibly difficult to do so if there is not widespread support for the amendment. A partisan issue like this wouldn't have a real hope in the current political climate.
- big_chungus 7y agoIt can, but takes a great deal of effort. The bar for a constitutional amendment is much higher than, say, winning an election; this is a good thing, as it prevents the constitution from being re-written every four years. A politician may win a presidential or congressional election, but will not likely convince the other half of the nation to support any such policy. Income tax took a constitutional amendment, so yes, directly seizing money from citizens would take one as well.