Tax Machine Blog™

Category: Capital Gains Tax

What if taxing wealth was constitutional? Would it be OK to do it?

It’s common phrase that we hear pundits throw around a lot – “Redistribution of wealth.” The phrase has common appeal too, for obvious reasons. For most people, taking something that “belongs” to one person and “giving” it to another seems unjust. But – does redistribution of wealth really happen in in the U.S.? For the…