Page 3 - 16th Amendment News Today

Companies? and i wonder why havent we seen some more creative ideas for giving people some relief, you know, on the home front. weve seen previous presidents send tax rebiates to people. why not do something like that to get people through these summer high gas prices? >> well, hopefully, jim, you and i -- say maybe we ought to push this -- you know, maybe we ought to push this thing a little harder. i talked to people that do focus groups endlessly, and they all say the same thing that theyre b...

Actually speak to the issues on the ground. in san francisco, it is more complicated. there was a whole bunch of outside money that came into this. in san francisco, there is a debate about whether the mayor is engaged in a power grab. these three would go up for election in november. we begin to chart the money. we see the money is not necessarily local. it is part of a concerted campaign around the country by folks who are targeting school boards, who are connected to crt. mind you -- >> san f...

President Joe Biden’s proposed “billionaire tax” may sound good to many voters, but it is fraught with vagaries ...

Jobs that would be shut down. >> you wouldnt be concerned about the federal jobs that would be lost? >> of course im concerned about them, but im more concerned about 20% to 30% of jobs in kansas being lost. this is a temporary thing. we understand the clock is going to roll out on us probably by monday and we end up at the same place. >> just to be clear, if there is an agreement to pass the vote tomorrow night by the 16th amendment, you would vote for that? >> that would be okay. >> they want ...

Morning its not just the politics of this billionaire tax proposal, theres also this question of whether its constitutional. unpack your reporting for us. >> absolutely. and one thing about what manchin said, it didnt sound that definitive to me either. theres a little wiggle room, it doesnt mean he would vote against it in the final package. there are really two questions. if you go back to the original constitution it says congress can only have taxes in a way thats proportional among the stat...

You cant have an income tax. thats not constitutional under article 1. congress responded before world war i by passing the 16th amendment which said you can have an income tax. but the question is, is taxing unrealized gains, even on very, very wealthy people. this of course would only apply to people with great many assets, is that income, is that covered by the 16th amendment? i dont think anyone knows for sure. now we have a conservative court not favorably disposed toward the biden administ...

It? $36 million yesterday? yesterday? >> yesterday. >> 36 billion. what he says in response to this plan of taxing billionaires, no, you must not do that because they will run out of money and come for you. what he doesnt address is if he is not paying his fair share, then we have to make up the difference. >> yes. lets talk about some of these ideas. i was going to read what marjorie taylor greene had to say but i dont take her seriously enough to read it. ill skip that. this is the potential c...

Our constitution and bill of rights are all about process. our founders knew that a government without constraints could accuse anyone of any crime at any time even without compelling evidence. thats why the fifth and 14th amendment establish a bedrock principle of innocent until proven guilty beyond a reasonable doubt. on november the 14 comments week or pelosi and for the president that the president should prove his innocence. she stated mr. president, if theres anything that could show your ...

Books, 75% of them have gotten rid of them. look at the volatility of the stock market. can you imagine taxes wealth based that. >> its a tax on all of the stuff you have forever. >> exactly. and that makes it constitutionally suspect because the 16th amendment allows the federal government to tax income but not assets. >> kamala harris has an approach to a universal basic income type concept. >> kamala harris is proposing what well see from a lot of the democrats is that every person gets a che...

. mark: welcome back, senator, we talked about some of the senators. lets talk about the institution of the senate. used to be that the state legislatures chose the senators or the methods by which the senators were chosen and we get the 17th amendment. a progressive era of republicans, the 16th amendment, the federal income tax and the 17th amendment. that all changed. direct election was considered a populist thing to do, and so the states dont have any representation, state legislatures dont ...