1. basically, decision states that municipality can't take
property from 1 person & give to another -- NO REDISTRIBUTION
2. difference w/ Slaughterhouse
a. Slaughterhouse protecting public health- valid function
b. Loan Association trying to bring jobs (not valid function)
3. gov't shouldn't be in the business of re-distributing wealth
a. taxes should be collected for public purposes
b. taxes should be collected in a equal fashion.
4. worries more about taxation than regulation: "Of all the
powers conferred upon government that of taxation is most
liable to be abused.