tag:blogger.com,1999:blog-4900303239154048192.post6469583289248561590..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: The Two Percent Solution: Warren and the Stochastic JubileeUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4900303239154048192.post-29828995298293295382019-01-29T11:14:01.861-05:002019-01-29T11:14:01.861-05:00I'm not sure that either Warren's plan or ...I'm not sure that either Warren's plan or the jubilee tax would pass constitutional muster for the same reason that we needed a constitutional amendment to allow an income tax. The only kind of wealth taxes that would be constitutional would be very steep estate and gift taxes...which would likely occur every 50 years or so for each estate rather than every 50 years for all estates. 2slugbaitshttps://www.blogger.com/profile/14763897441056512506noreply@blogger.com