Is A Wealth Tax Constitutional?
Two legal scholars have been arguing about the constitutionality of a wealth tax for twenty years. Now people are actually paying attention.
by Greg Rosalsky
Dec 17, 2019
4 minutes
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Twenty years before a wealth tax became a serious consideration in national politics, two legal scholars battled over whether the policy would be constitutional.
Erik Jensen, now an emeritus professor at Case Western Reserve School of Law, says he got interested in the policy back in 1999. That's when "a guy named Donald Trump," who was then running to get the presidential nomination of the Reform Party, of 14.25% on people with a net worth over $10 million. "And well, he obviously was not a national enough figure, at least
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