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42 sats \ 4 replies \ @Undisciplined OP 20 Feb \ parent \ on: Can we really, finally, be nearing the end of the IRS? econ
Yes, the amendment authorizes income taxation, but does not require it. I think they are already allowed to levy excise taxes.
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37 sats \ 3 replies \ @Aardvark 20 Feb
Right but if they are allowed to do it, then what's stopping them from doing it after they create the consumption tax? Maybe I'm jaded, but when the government does anything, I'm looking for the worst possible outcome.
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42 sats \ 2 replies \ @Undisciplined OP 20 Feb
What would stop them is that people hate the income tax and reimplementing it would get politicians booted out of Congress immediately.
It would certainly be ideal to repeal the amendment, which would be more politically feasible if there were no current income tax.
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40 sats \ 1 reply \ @Aardvark 20 Feb
My only real counter argument is the current state of affairs we find ourselves in today. Death by inches. I doubt they'd just open the flood gates, but certainly a tragedy like covid or 911 would be a good enough reason for a "temporary" small income tax... just to get us out of this mess...
Although I hadn't thought about the fact that the only way to feasibly repeal the ammendment is to remove the tax first.
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42 sats \ 0 replies \ @Undisciplined OP 20 Feb
At that point repeal would just be popular cheap talk.
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