> there is no inherent right to be very high net worth But there is an inherent right to the ownership of property (enshrined in the US Constitution). A Feder

> there is no inherent right to be very high net worth But there is an inherent right to the ownership of property (enshrined in the US Constitution). A Federal wealth tax is currently unconstitutional for the same reason that you don’t have Federal property taxes: the Constitution explicitly prohibits the Federal government from levying direct taxes except for income (via the 16th Amendment). Wealth is not income.