In a jaw-dropping argument, the Department of Justice claims seizing $50,000 from a small business doesn’t violate property rights because money isn’t property.
The DOJ gave three rationales for the argument, all packed into a doorstopper of a footnote: (1) the government creates money, so you can’t own it; (2) the government can tax your money, so you don’t own it; and (3) the Constitution allows the government to spend money for the “general welfare.”