By using this site, you agree to our Privacy Policy and our Terms of Use. Close
the-pi-guy said:
fatslob-:O said:

It is not within the governments right to take away an owner's right to their property accordng to the fifth amendment! 

If US government does attempt such they will be condemned by the international community for what is essentially outright "stealing" and such an action would scare the shit out of businesses to the point where they would flee to Canada or some other 1st world country which could ruin the US economy ... 

Most businesses aren't able to muster up more than a 10% profit margin so Bernie's taxation plans would literally put tons of companies out of business ... 

Just Compensation Clause

While the federal government has a constitutional right to "take" private property for public use, the Fifth Amendment's Just Compensation Clause requires the government to pay just compensation, interpreted as market value, to the owner of the property. The U.S. Supreme Court has defined fair market value as the most probable price that a willing but unpressured buyer, fully knowledgeable of both the property's good and bad attributes, would pay. The government does not have to pay a property owner's attorney's fees, however, unless a statute so provides.

 

The government absolutely does this, whether we realize it or not.  

in fact Donald Trump tried to take away an elderly widows home through "eminent domain" to build a parking lot for his casino in Atlantic City

the compensation Trump wanted to pay was $250k, yet 10 years before that the publisher of Penthouse offered her $1m for the property (she refused)

"eminent domain" is ment to be used to clear land for public use, like highways and such, but corps perverted that one to use it for not strictly private buildings or in Trumps case he tried that for his parking lot (but lost)