James

[James @wave3trader]

@Mike_kim714 @Titleist

[James @wave3trader]

@hicasamadim 72

[FABLETICS MEN @fabletics_men]

The Memorial Day Weekend Sale is on now. Shop our newest drops and bestseller restocks, before they're gone.

[James @wave3trader]

@AlexForbesOps Good Lordt

[Mason Burchette @BurchetteMason]

@BernieSanders Bernie, you’ve never contributed anything of value to this country which is why you can’t comprehend people getting paid for creating things in the marketplace.

Term limits. Now.

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

The Framers understood the distinction between direct and indirect taxation with precision. Article I, Section 9 explicitly requires direct taxes to be apportioned among states according to population.

Property taxes are unambiguously direct taxes - they're assessed on ownership itself, not on transactions or activities. Yet property taxes operate without apportionment, which should render them constitutionally void at the federal level and questionable even when delegated to states.

The 16th Amendment carved out an exception for income taxes specifically, but that exception does not extend to property taxation. The constitutional architecture treats direct taxation as dangerous enough to require strict apportionment rules, yet property taxes bypass this safeguard entirely through state delegation.

More fundamentally, property taxes create a feudal relationship disguised as governance.

Under a true republic, citizens hold allodial title - absolute ownership free from superior claim.

The Fifth Amendment prohibits taking property without just compensation, yet property taxes effectively constitute partial takings every year. If the state claimed 1.5% of your land annually through eminent domain, that would clearly violate the Takings Clause. Property taxes achieve the same result through financial extraction rather than physical seizure. The annual obligation functions as permanent debt secured by your property, except you never borrowed the principal and cannot pay it off. This converts ownership into a rental agreement with the government as landlord.

The economic mechanism reveals the deeper violation. Property taxes create a wedge between productive use and bare ownership. A family farm generating modest income faces the same tax burden as commercial development generating high income on equivalent acreage. This penalizes long term holding and forces continuous monetization of property to service tax obligations. Retirees who paid off mortgages still face monthly tax bills or lose their homes. This is incompatible with the republic ideal of independent citizens free from permanent economic subordination to state authority.

The assessment process compounds the constitutional problem. Property taxes assume the state owns your land and graciously allows you to use it in exchange for annual rent, rather than treating citizens as sovereign owners and the state as a limited agent.

Framersof the republic feared concentrated power and permanent dependencies that would corrupt civic virtue. Property taxes create exactly this corruption by making every property owner a dependent of local government. School districts, municipalities, and counties gain incentive to inflate assessments and resist appeals because their budgets depend on tax revenue. This converts government from servant to creditor with the power to seize collateral. The structural incentives guarantee abuse because the assessor, the beneficiary, and the enforcement mechanism all represent the same entity. No private creditor would be allowed this arrangement, yet we accept it from government.

From an economic sovereignty perspective, property taxes effectively nationalize land while maintaining the fiction of private ownership. The state captures the rental yield through annual taxation while owners bear all maintenance costs, market risks, and liability. If tax rates exceed the property's income generating capacity, ownership becomes a net liability. This explains the abandoned properties in Detroit and other distressed cities. When taxes exceed economic value, rational owners walk away. The state has successfully converted ownership into a burden rather than an asset.

[James @wave3trader]

@BurchetteMason You had me at E TN

[James @wave3trader]

@BowTiedBroke Damn

[James @wave3trader]

@GavinGewecke Very well said

[James @wave3trader]

@MyGolfSpy Not that high-Jesus

[Sue Knows Best @sues86453]

When he is President… this is what will happen…

I’d vote for him!

[j @Jferrie23]

If you guys are worried about players manipulating player props, wait until you hear about politicians and stocks…

[James @wave3trader]

@SenWarren @SenAmyKlobuchar @IfindRetards

[James @wave3trader]

@BillyCasper1970 Pure

[Clifton Sellers @CliftonSellers]

running a business is just oscillating between “i’m a genius” and “it’s all over”

every 48 hours

[James @wave3trader]

@GolfDigest 10

[James @wave3trader]

@alexelliottgolf 14 way divider bag 😂

[James @wave3trader]

@EricLDaugh Fucking retards

[Keith McCullough @KeithMcCullough]

The elites/establishment

So you're saying some people don't get to get rich trading on Inside Information eh?

Look at this volume spike (green arrow) the day before the "news" of a strategic investment by the US Department of War $TMQ +211% today

[James @wave3trader]

@wokekenzie Need @PhilMickelson