Tag: property

What would the founding fathers do: Taxation and Property rights

It was with the best of intentions that the colonists rebelled against a master that taxed them mercilessly. During the initial days of freedom much debate was had over the right of the “government” to tax its subjects. More importantly was the idea that each citizen could indeed own their property. The Fifth Amendment clearly stated, “nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.”