Confiscation is the government’s seizure of private property without compensation, usually for illegal or criminal purposes. Legal guidelines are followed, and owners can sue to recover property. Confiscation can also occur for public safety and to prevent criminals from profiting. In eminent domain cases, compensation is required. Consult a lawyer for help with recovery, as […]
Confiscation taxes, aimed at a particular income group with high tax rates, are controversial. Taxes have been used to encourage or discourage certain behaviors, such as “sin taxes” on harmful products and tax breaks for charitable donations. Forfeiture taxes aim to correct perceived injustices and can be controversial. Disagreement exists over the role of taxation […]
