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Law professors on if Elizabeth Warren's wealth tax is constitutional


Eric Thayer/Reuters
Elizabeth Warren recently introduced a wealth tax on the top 0.05% of American households.
The measure could bring in billions in tax revenue, but faces questions over whether it s constitutional.
Insider talked to 7 law professors about these concerns, including 5 who signed a letter in its support.
Sen. Elizabeth Warren has made it clear: She wants to tax the ultrawealthy.
It s a measure that a majority of Americans support, and could bring in billions in tax revenue, but beyond the political will to make it law it faces several legal obstacles. Besides implementation concerns, it might not be allowed under the Constitution. ....

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5 law professors who co-signed Elizabeth Warren's wealth-tax bill explain why they support its constitutionality


Critics say Elizabeth Warren s wealth tax plan breaks the law. They re wrong, according to multiple law professors.
[email protected] (Juliana Kaplan)
Elizabeth Warren recently introduced a wealth tax on the top 0.05% of American households.
The measure could bring in billions in tax revenue, but faces questions over whether it s constitutional.
Insider talked to 7 law professors about these concerns, including 5 who signed a letter in its support.
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It s a measure that a majority of Americans support, and could bring in billions in tax revenue, but beyond the political will to make it law it faces several legal obstacles. Besides implementation concerns, it might not be allowed under the Constitution. ....

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