[Blood of Tyrants]

A tax on wealth would be unconstitutional as it is a seizure without compensation.

[TheTimeOfMan]

Unfortunately, we are far past constitutional...

[Rurudyne]

Even 19th century “progressives” were opposed to governance by constitutional means, FDR kicked the Constitution to the curb, LBJ murdered his way through politics ... the current makes them look honorable and decent.

[ken in texas]

re. A tax on wealth would be unconstitutional as it is a seizure without compensation.

I'm sure there's a penumbra somewhere that permits it.

[Political Junkie Too]

Yes, it's an unconstitutional 5th amendment takings for no public use and no compensation (how does one compensate taking $1 million, by giving 10 cents on the dollar?).

The only justification would be a Kelo taking for "public good" instead of the constitutional "public use" in the 5th amendment, which is how municipalities took private property to give to other private entities that would generate more local taxes for the property.

However, that was an eminent domain case, and it would be a stretch for the government to claim eminent domain over one's bank account as a property taking.

-PJ

[Buckeye McFrog]

A tax on wealth would be unconstitutional as it is a seizure without compensation.

Unless John Roberts ruled this tax to be health care. Constitutionality these days relies on the direction of the wind on Roberts' moistened finger.