Elena Kagan on Supreme Court code

Supreme Court Hears Landmark Tax Case—Here’s Why It Could Destroy Democrats’ Wealth Tax Plans

The Moores were taxed $14,729 on that investment under a provision in the GOP’s signature 2017 tax law called the “mandatory repatriation tax” (MRT), which imposed a one-time tax on U.S. individuals and companies who have a significant stake in foreign corporations controlled by Americans.

MarketWatch on MSN · 7h

Supreme Court weighs how far to go in ‘Super Bowl’ of tax cases that could nix wealth tax

In a Supreme Court case revolving around one couple’s disputed tax bill, justices Tuesday wanted to explore the case’s potential broader implications, while opposing lawyers wanted them just to stick to the case at hand.

CBS News on MSN · 1d

Supreme Court wary of repercussions of case that could upend tax code

The case before the justices Tuesday could have sweeping implications for the U.S. tax system and derail proposals from some Democrats to create a wealth tax.

The New York Times · 1d

The Supreme Court Battle That Could Rewrite the Tax Code

A tax fight with big stakes . Oral arguments are to begin on Tuesday at the Supreme Court in a tax case with a lot at stake. Moore v. United States may appear to center on a reque

CNN on MSN · 1d

Supreme Court to hear case that could make it harder for Congress to tax the rich

The Supreme Court will hear oral arguments on Tuesday in Moore vs United States, a case that could hamper Congress from imposing certain types of wealth taxes in the future.

Yahoo News Canada · 21h

Supreme Court Unlikely To Shield Corporations And Billionaires From Trillions In Tax Payments

Several of the court’s conservative justices seemed skeptical of an argument against taxing undistributed income from investments in foreign companies.

National Post · 1d

The Supreme Court is taking up a case that could rule out a tax on wealth favored by some Democrats

A decision in favor of Charles and Kathleen Moore of Redmond, Washington, could strike down a provision of the 2017 tax bill that is expected to bring in $340 billion, threaten other provisions of the tax code and rule out a wealth tax that is favored by some Democrats who argue that the wealthiest Americans don’t pay their fair share of taxes.

LA Times on MSN · 1d

Supreme Court weighs limits on Congress' power to tax corporate wealth

The high court weighs challenge to Congress' broad power to tax corporate wealth in a case that could shield wealthy Americans with overseas investments.

YAHOO!News · 1d

The Supreme Court Might Actually Pass on a Chance to Protect the Rich

Chief Justice John Roberts may have given away the outcome in Moore v. United States on Tuesday as he wrapped up the two-hour oral argument session. “Thank you, counsel, the case is dismiss—submitted to the court,

POLITICO on MSN · 1d

Supreme Court unlikely to launch preemptive strike on wealth tax proposals

Justices on both sides of the ideological spectrum pressed a lawyer representing taxpayers who are seeking to throw out a repatriation tax on certain overseas earnings.

AOL · 1d

‘Quadrillion-dollar’ tax case leaves Supreme Court justices exploring narrow resolution

The Supreme Court explored ways to narrowly resolve a major tax case during oral arguments Tuesday, with justices raising concerns about sweeping consequences if they fully adopt either side’s position.

Courthouse News Service12d

Justice Kagan says it’s time for a Supreme Court ethics code

Chief Justice John Roberts and Justice Elena Kagan pose at the top of the steps following her formal Investiture Ceremony. (Photo by Steve Petteway, courtesy of Collection of the Supreme Court ...

Fox News on MSN1d

Supreme Court appears wary of massive tax code overhaul

A Washington state couple's nearly $15,000 tax bill was debated by the Supreme Court on Tuesday, in a case the Biden ...

Supreme Court weighs immunity for Sackler family in Purdue Pharma case

Justices heard oral arguments in a challenge to the bankruptcy deal that would grant immunity to the wealthy family behind ...

Courthouse News Service2h

Supreme Court leans toward allowing sex discrimination suit from St. Louis police officer

The high court steered away from adding additional requirements to sex discrimination claims on job transfers.

Insurancenewsnet.com7h

Supreme Court takes up meaning of ‘income’; decision could impact taxes

A couple’s fight over a tax refund – and the meaning of "income" – made it to the U.S. Supreme Court this week.

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