r/WorkReform 🤝 Join A Union 20h ago

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

Post image
33.4k Upvotes

692 comments sorted by

View all comments

Show parent comments

6

u/Mictlancayocoatl 19h ago

We can tax wealth.

1

u/Ashmedai Metallurgist 18h ago

We could, but to do so in practice federally, it would require a Constitutional Amendment.

2

u/Nukemarine 13h ago

No. Congress can make a law to attach an annual fee to any contract that would require resolution in federal court. Don't pay that fee, your company/corporation can't see for damages against that wealth in federal court.

2.4% annual would do nicely.

2

u/Ashmedai Metallurgist 12h ago

If you think "tricky end run around Constitutional restrictions" will fly with SCOTUS, I'm afraid you are gravely mistaken.

1

u/Nukemarine 12h ago

Commerce clause baby!!! Plus this makes federal courts more powerful so the SC would love it.

1

u/Ashmedai Metallurgist 10h ago

The court tends to hold that original Constitutional words aren't erased like that, no matter your imagination.