This is likely a tactic to make people want to accept the bill to have it pass. Tax the billionaires, who wouldn't want that?
Either the provision will be removed before passage or quickly put down by the Supreme Court: the 16th amendment doesn't authorize taxing of unrealized gains by the federal government.
This is likely a tactic to make people want to accept the bill to have it pass. Tax the billionaires, who wouldn't want that?
Either the provision will be removed before passage or quickly put down by the Supreme Court: the 16th amendment doesn't authorize taxing of unrealized gains by the federal government.
Don't be fooled.