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Maroc Maroc - WN.COM - Health - 04/Feb 00:27

Letters: Wealth tax is money grab by another name

Submit your letter to the editor via this form. Read more Letters to the Editor. Wealth tax is money grab by another name Re: “High-stakes wealth tax proposal roils uber rich” (Page A1, Jan. 25). A wealth tax on billionaires is a horrible idea. It is unconstitutional: a tax on wealth, not income. It’s never enough. The taxers will soon return with a lower threshold and a higher rate. Consider the income tax and the Alternative Minimum Tax, which were initially touted as affecting only the very wealthy at a low rate. Today? Subsidizing health care creates artificially inflated demand, which can be resolved only by increased prices or shortages. Darien Schanske claims “this ($100...

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