Ask Janus: What Are Regulatory Takings
Posted by Janus on Thursday, April 9, 2009 in Civil Rights
Regulatory takings are things which the government doesn’t technically take from you, but which they have regulated to the point where they are of little or no value. Naturally, this type of situation results in a large number of very pissed off people who feel that the government has quite literally stolen their property from them. Whether their claims are true or someone’s just crying wolf depends on the exact regulation and property, but the mere existence of such a loophole in our system is outrage enough.
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