You can debate it all you want .... but its not constitutional. There's a reason its never been implemented in the entire history of our country. The Feds are bound by article 1 section 9. Taking what someone has earned or accumulated is simply not just and will never pass constitutional muster.
Reread article 1 section 9 out of respect for you. I see nothing saying or implying it is not constitutional
Yeah , don't pay your taxes and see what happens buddy .... Don't be a stupid person. The government might be able to cancel debt that they OWN but they don't own this debt , they simply underwrote it (guaranteed it). The government in this case would have to make the lender whole (Pay them off) and to do that , they would use our tax dollars to the tune of $2.9 Trillion to do so.
And really , when you get right down to it , that's simply illegal seizure which is protected by the 4th amendment. Another issue - this is targeting specific people / group of people and only those will be affected - so much for fairness and equality in law / taxation. This crap never gets past the SCOTUS and I doubt a lower court would support it either. You guys are really pissed off at the wrong crowd - you need to direct all this vitriol towards those corporations who only contributed 7% of the total tax burden last year. And furthermore - Just taxing these people doesn't generate the required funds. As I stated before , to cover the spending Sanders is talking about , you have to tax the entire GDP at 71% to hit the break even point. So all this discussion of a wealth tax is just silly , another pie in the sky plan by the wingnuts.
Improve public transportation. Government does have a responsibility in providing citizens a means for transportation for commerce and work. Public housing exists. It's up to the citizen to earn their way to being able to afford home ownership. Education is a tool even our founders believed that helps in that process to "earn" their way to get a home. So making people pay for education seems like a self defeating purpose when the goal is to improve the union. I suggest looking into Thomas Jefferson's view on education.
What about debt forgiveness on the 30 cassettes for $1 I signed up for? That thing is still dogging me.
