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A wealth tax is unconstitutional as it is a tax on property. The moment you agree to give the federal government power over your own property in principle, we are finished as a nation which values liberty above all, and we open the door to inevitable tyranny down the road.
There is no liberty without property rights. The federal government must never be given any right, not even a minuscule one, to tax your property. Once you concede that right in principle, the government can take away all of your property down the road, and it inevitably will.
When Communism comes to America, it will enter as a 'federal wealth tax.' Mark my words, and never ever forget them.
On Wealth Tax
I wrote this thread three months ago, going into much more detail, for anyone who is interested.
I wrote this thread three months ago, going into much more detail, for anyone who is interested.
