French economist scours spreadsheets to find secret offshore accounts
> Remember, he points out, that the U.S. Supreme Court ruled the income tax unconstitutional in 1895; it took a constitutional amendment to legalize it in 1913. “There’s a lot of policy innovation ahead of us,” he says.Why not just get rid of the entire Constitution then? The idea of changing our constitution from that of a liberal republic to that of an authoritarian state should be universally met with disdain.This is not a matter of liking the rich. I disagree wholeheartedly with the politics and spirituality of Gates, Zuckerberg, and Bezos. However, the idea that the government has any right to tax private property at whatever valuation they see fit is a quick step towards a totalitarian nightmare.