The Trump Tax Cots and Jobs Act and the 2017 TCGA

If the Supreme Court rules that the government can now institute a effectively a wealth tax, you could be taxed on the value of your house. Art collections, jewelry, baseball cards, comic books, Bitcoin, anything you have is going to be subjected to taxes. The entire US economy as we know it could go down. It was not going to happen overnight because the Democrats would have to instill a wealth tax but there would be no constitutional limitation to what they could tax anymore.