Democrats' Proposed 'Billionaire Tax' Is Definitely a Wealth Tax, and It May Be Unconstitutional

Posted on AllSides October 26th, 2021
From The Right
(im LoScalzo - Pool via CNP / MEGA / Newscom)
OPINION

President Joe Biden got himself elected partly by opposing the billionaires' wealth tax proposed during the primary campaign by Sens. Elizabeth Warren (D–Mass.) and Bernie Sanders (I–Vt.). Now, in a reversal, Biden is preparing to embrace the idea.

It wouldn't be the first time that a presidential candidate's plans changed after getting elected. The shamelessness of the way that Biden has shifted on the issue, though, is something else. It risks undercutting Biden's claim to being a voice of moderation. It also may reinforce voter cynicism. How's democracy supposed to...

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https://reason.com/2021/10/26/democrats-proposed-billionaire-tax-is-definitely-a-wealth-tax-and-it-may-be-unconstitutional/

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