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By Richard Fernandez

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Disillusion

May 30, 2009 - 10:56 pm - by Richard Fernandez
myth buster
2009-05-31 14:27:03

Obama won’t attempt a wealth tax. Not only is a wealth tax so blatantly unconstitutional that there’s no way the Supreme Court would uphold it, but it also isn’t necessary. A VAT is equivalent to a wealth tax.