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The 3 Percent Solution | Libertarian: Richard Epstein | Hoover Institution

Libertarian

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Will the Exit Taxes Go Down Constitutional?

Jeffrey Toobin: Exit tax strategy doesn't seem constitutional. He says it's a much more dangerous kind of thing because it's more comprehensive. The key difference is that in the earlier cases, what we did was we sustained the estate tax and we sustained the gift tax.Toobin: You're now having to say it's not on the transfer, it's on the ownership.

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