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.

FOX News on MSN · 1d

Supreme Court appears wary of massive tax code overhaul

The "wealth tax" and its expensive implications across America were debated in the highest court in the land Tuesday, with hours of oral arguments.

Insurancenewsnet.com · 17h

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.

MarketWatch on MSN · 17h

Supreme Court weighs how far to go in ‘Super Bowl’ tax case 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.

WRVO · 1d

Supreme Court seems inclined to leave major off-shore tax in place on investors

Their eventual decision in the case could severely limit congressional options in enacting tax policy, and it could cost the federal government trillions of dollars in corporate taxes.

The Washington Post on MSN · 1d

Supreme Court seems inclined to narrowly uphold Trump tax provision

The challenge by a Washington state couple is widely viewed as an effort to preemptively block Congress from creating a wealth tax.

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.

Opinion

State Of The Union on MSN · 12h

Supreme Court May Consider Case With Massive US Tax Code Implications

The Supreme Court is considering a case involving a couple’s $14,729 tax bill, which questions whether the federal government can tax “unrealized” gains from investments. The Moores were required to pay taxes on their share of a foreign company’s earnings under the mandatory repatriation tax,

The Boston Globe · 16h

Supreme Court signals it will uphold a tax on foreign income

Conservative and liberal justices voiced concerns that ruling for a Washington state couple challenging a provision of the 2017 tax bill would threaten other provisions of the tax code.

CBS News · 1d

Breaking down the Supreme Court tax code case

The Supreme Court heard arguments Tuesday in a case that could scramble the tax code. CBS News legal contributor and Loyola Law School professor Jessica Levinson joins to unpack what's at stake.

8hon MSNOpinion

A Moot Supreme Court on ADA Lawsuits

Justice Thomas warns of docket manipulation as a big case goes nowhere.

Courthouse News Service13d

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 ...

15h

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 ...

Supreme Court Eyes Consequences of Broad Ruling in Repatriation Tax Case

But in the 1921 case Eisner v. Macomber, the Supreme Court held that, to qualify as income under the 16th Amendment, there ...

1don MSN

Opioid Victims Have a Settlement. Will the Supreme Court Undo It?

Hosted by Sabrina Tavernise Produced by Rikki Novetsky, Will Wright and Lynsea Garrison With Alexandra Leigh Young Edited by ...

19h

Will Purdue's opioid settlement be overturned?

A multi-billion-dollar settlement with the maker of OxyContin could be overturned by the U.S. Supreme Court. Why are victims of the opioid crisis split on whether the deal should stand?

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