In an op-ed, Erik Jensen, the Coleman P. Burke Professor Emeritus of Law, discussed why a wealth tax—despite being a current popular topic of conversation—would very likely not survive a constitutional challenge
Published by Bloomberg, his Jensen’s piece is titled “.”
“Congress has never done anything quite like this, because it has long been recognized that, as a matter of constitutional law, Congress can’t treat unrealized appreciation as taxable income,” he wrote.
