Is that it's not Constitutional. Look at it closely. It's not levied on income, but rather wealth. It's a direct tax.
Hence, it is a direct tax prohibited by Article 1 of the Constitution, and the 16th Amendment (which authorizes only income taxes) has no bearing on it.
I'll be sitting here with the crickets chirping while I wait for the Senate or courts to figure this out, but it's pretty clear to me. There is no Constitutional authorization for this particular form of class warfare.
The Weekly Huckberry Giveaway: July 25, 2014 - Last week’s winner was…still to be determined. Check your email folks! My Picks This Week The Explorer’s Shirt (made for Huckberry by San Francisco company...
13 minutes ago