16th Amendment

Legislation / Policy

The constitutional amendment that permits Congress to levy an income tax. It was argued that this amendment might prohibit taxation on unrealized capital gains, but a Supreme Court ruling suggests otherwise.

Mentioned in 1 video

Videos Mentioning 16th Amendment

Massive jobs revision, Kamala wealth tax, polls vs prediction markets, end of race-based admissions

Massive jobs revision, Kamala wealth tax, polls vs prediction markets, end of race-based admissions

All-In Podcast

The constitutional amendment that permits Congress to levy an income tax. It was argued that this amendment might prohibit taxation on unrealized capital gains, but a Supreme Court ruling suggests otherwise.