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@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.

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The Supreme Court May Preemptively Ban a Federal Wealth Tax (newrepublic.com)

submitted 1 year ago by [email protected] to c/[email protected]

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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.

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[–] [email protected] 0 points 1 year ago (1 children)

Would a national sales tax on purchases over 5 or 10 million pass muster do you think? Or is sales tax something that only state and local governments can impose?

[–] [email protected] 1 points 1 year ago

Sales taxes should be fine.