Capital gains are permissible because of the 16th amendment; the 16A does not permit the congress to tax assets. It seems like quite a stretch to apply Moore to cash holdings.

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throwaway85825 an hour ago | parent [-]

We already have taxes on assets. They're called property taxes.

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apparent an hour ago | parent | next [-]

The state govts can do things that the federal govt is forbidden to do.

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nickff an hour ago | parent | prev [-]

Congress is not permitted to levy property taxes.

	▲	throwaway85825 an hour ago \| parent [-]
		Tax money is fungible.