2 ms·
Whether Bill likes it or not, a wealth tax is likely a non-starter anyway. It's amazing that several candidates are running on a wealth tax when it is pretty li
by jjeaff 7y ago
Whether Bill likes it or not, a wealth tax is likely a non-starter anyway. It's amazing that several candidates are running on a wealth tax when it is pretty likely that it would require a constitutional amendment. Courts already found the carriage tax unconstitutional, which is effectively the same thing.
- lonelappde 7y agoAre you sure? https://en.m.wikipedia.org/wiki/Hylton_v._United_States https://en.m.wikipedia.org/wiki/Hylton_v._United_States
- jjeaff 7y agoI must have misremembered that detail. But I believe the point of what I had read was that a direct tax would be unconstitutional. A carriage tax was found to not be a direct tax apparently. But a general wealth tax likely would be.