Fauxcahontas’s Wealth Tax

Thoughts from Tom Maguire.

It seems unconstitutional to me on its face. We had to amend the Constitution to get an income tax, and I’m pretty confident that it would be required here as well. Anyway, as Jim Bennett noted on Facebook, we should reserve comment until we can properly understand the proposal by reading it in the original Cherokee.

[Update a while later]

Want to soak the rich and help poor people? Tax fringe benefits. Yes, this would help a lot with decoupling health insurance from employment, which is how the mess got started.

Biting Commentary about Infinity…and Beyond!