3 ms·
Capital 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
by nickff 3mo ago
Capital 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 3mo agoWe already have taxes on assets. They're called property taxes.
- apparent 3mo agoThe state govts can do things that the federal govt is forbidden to do.
- nickff 3mo agoCongress is not permitted to levy property taxes.
- throwaway85825 3mo agoTax money is fungible.