4 ms·
Eh, this is debated. (Moore.) It could be written as an excise tax, too, push come to shove.
by JumpCrisscross 4mo ago
Eh, this is debated. (Moore.) It could be written as an excise tax, too, push come to shove.
- nickff 4mo agoCapital gains are permissible because of the 16th amendment; the 16A does not permit the congress to tax assets. It seems like quite a stretch to apply Moore to cash holdings.
- throwaway85825 4mo agoWe already have taxes on assets. They're called property taxes.
- apparent 4mo agoThe state govts can do things that the federal govt is forbidden to do.
- nickff 4mo agoCongress is not permitted to levy property taxes.
- throwaway85825 4mo agoTax money is fungible.