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In reply to the discussion: Google co-founder leaves California amid billionaire wealth tax [View all]in2herbs
(4,238 posts)33. With regards to criminal laws, yes, but not with regards to civil laws. See below:
Retroactive laws aren't inherently unconstitutional, but the U.S. Constitution strictly prohibits certain types, particularly criminal laws that disadvantage a person after the fact (ex post facto laws) and bills of attainder, found in Article I, Section 9. While civil retroactive laws are generally allowed, they must still respect Due Process (Fifth/Fourteenth Amendments) and Contract Clause (Article I, Section 10), ensuring fairness and preventing unforeseen liability for past actions, with retroactive tax laws facing scrutiny for due process and equal protection.
Statutes that retroactively change civil rules (like tax laws or regulations) are permissible but must meet constitutional tests, particularly under the Due Process Clause.
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Google co-founder leaves California amid billionaire wealth tax [View all]
BumRushDaShow
Wednesday
OP
Corporate law is one of the major things that needs to be re-done if the US is ever
BComplex
Wednesday
#28
We money spending consumers bake the economic cookies, the rich eat most of them and leave us the crumbs. nt
Exp
Wednesday
#7
It's been working out well in Massachusetts, which actually has more millionaires now
TheRickles
Wednesday
#22
True, but they're both aiming for the same redistributive goals, though via different means.
TheRickles
Yesterday
#55
Regadless of when he left, if the wealth tax is approved he will have to pay because it is retroactive to 1/1/25 and
in2herbs
Wednesday
#11
The Constitution specifically prohibits states from passing retroactive laws
Jose Garcia
Wednesday
#14
With regards to criminal laws, yes, but not with regards to civil laws. See below:
in2herbs
Wednesday
#33
That makes corporations sound like they are necessarily benefitting their State in kind.
BComplex
Wednesday
#30
The Laffer Curve proposed that lowering taxes creates overall economic prosperity
DBoon
Yesterday
#52
I think the oldigarchs addiction to money and power is because they will soon be dead , afraid their power will wane,
in2herbs
Wednesday
#34
Page moved, but the major companies of Alphabet haven't. CA may be a little tax poorer, but not enough to affect
ancianita
Wednesday
#31
The greed and selfishness of these people are beyond belief. Mebbe I'm wrong, but I don't think Larry is going to end up
Fil1957
Wednesday
#40
Page is moving because, after the new tax, he'd ONLY have 256,500,000,000 dollars?
LudwigPastorius
Yesterday
#49