Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: sm1th who wrote (493190)	6/28/2012 1:52:33 PM
From: Nadine Carroll	3 Recommendations Respond to of 793969

It does at least suggest that Congress needs to own its taxes as taxes. They can't say that the Commerce Clause covers everything.

To: sm1th who wrote (493190)	6/28/2012 1:54:23 PM
From: Copeland	2 Recommendations Respond to of 793969

That's an understatement. Essentially the ruling states that the government can have a preferred product and that if you choose an alternative, the government can tax you as punishment. Let's say that the government "prefers" that the American public buy electric cars (or a specific electric car, like the Volt). If I choose to buy a Toyota Tundra, the government can choose to tax me some amount as punishment for my decision to go truck and Japanese. This tax could be made extremely punitive as coercision to make me "rethink" my "choice."