this post was submitted on 04 Jul 2023
74 points (100.0% liked)

Politics

1025 readers
19 users here now

@politics on kbin.social is a magazine to share and discuss current events news, opinion/analysis, videos, or other informative content related to politicians, politics, or policy-making at all levels of governance (federal, state, local), both domestic and international. Members of all political perspectives are welcome here, though we run a tight ship. Community guidelines and submission rules were co-created between the Mod Team and early members of @politics. Please read all community guidelines and submission rules carefully before engaging our magazine.

founded 1 year ago
74
The Supreme Court May Preemptively Ban a Federal Wealth Tax (newrepublic.com)
submitted 1 year ago by [email protected] to c/[email protected]
27 comments fedilink hide all child comments
 

In a Wall Street Journal op-ed published in 2021, two of the Moores’ lawyers also declared unambiguously that the lawsuit “stands to slam shut the door on a federal wealth tax like the one Sen. Elizabeth Warren wants to enact.” They made a direct pitch to “the courts” to hear the Moores’ case “now” to make it easier to block a wealth tax in the future.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

Setting aside how absolutely corrupt it would be for the court to hear this case let alone ruling in a predictable pro-business decision to explicitly kneecap future wealth tax legislation that doesn't even exist yet, I have to say that the author of this article has a real mastery.

"This is no idle threat,” the Moores said in their petition for review, referring to a federal wealth tax. They cited proposals by the Biden administration and Oregon Senator Ron Wyden to tax billionaires based on their assets, none of which have passed Congress.

"THIS IS LIFE OR DEATH," said people who would still vote for Trump even though his policies hurt them personally, so they're reframing it all as fear-mongering against democrats whose proposals have never gained enough traction since 2017 to ever come close to becoming legislation.

"THE DANGER IS REAL," crowed people rich enough to own tigers on their estate about puppies and kitties they saw painted in a poster.