Joe Biden's little-noticed "no punishment" promise to wealthy donors offers a sharp contrast to the the wealth tax and exit tax proposed by Senators Sanders and Warren. That may have constitutional significance if a court ever has to decide whether a Warren wealth tax is really a tax or an unconstitutional punishment of the sort forbidden by the Constitution's bill of attainder clause. It's all the subject of my column this week. Please check out the full column at the New York Sun (here), Reason (here), and Newsmax (here).
Biden Vows Not To Use Taxes as 'Punishment' of Rich
https://www.futureofcapitalism.com/2019/10/biden-vows-not-to-use-taxes-as-punishment-of-rich
by Editor | Related Topics: Politics, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list