Observe good faith and justice towards all nations; cultivate peace and harmony with all; religion and morality enjoin this conduct, and can it be that good policy does not equally enjoin it? It will be worthy of a free, enlightened, and, at no distant period, a great nation,
to give to mankind the magnanimous and too novel example of a people always guided by an exalted justice and benevolence. Who can doubt that in the course of time and things the fruits of such a plan would richly repay any temporary advantages which might be lost
Nov 11, 2019 • 12 tweets • 2 min read
The complete insanity of Warren's Wealth Tax plan:
1) As a tax upon wealth rather than income under the 16th Amendment the plan would face immediate constitutional challenge as not be apportioned among the states as required by the Constitution.
2) If, by some miracle, it survived that constitutional challenge, the tax being a tax upon wealth and not income would fall under the "takings clause" of the Constitution requiring them to be compensated for the property taken by the government.