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Art Carden, Research Fellow at the Independent Institute, explains on Freedom Watch why taxation, despite some of its publicized good intentions, is essentially legalized theft.
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In June 2005, the U.S. Supreme Court ruled in Kelo v. New London that local governments may force property owners to sell out and to make way for private economic development, even if the property is not blighted. In response, many states have passed legislation and proposed amendments to their state constitutions to block this unprecedented government assault on the rights of property owners.
