Could SCOTUS outlaw wealth taxes?

2024-12-26 12:11:11 source:lotradecoin instant crypto swaps category:Stocks

The Supreme Court is set to hear arguments next week on whether the federal government can tax some "unrealized" gains. That's when an asset you hold, rather than sell, gains value. Tax experts say it's the biggest constitutional tax case seen in a century.

Today, we lay out the stakes and the massive implications for government revenue, taxpayers, and even wealth inequality.

Related Episodes:
Could a wealth tax work

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Stocks

Recommend

'The Later Daters': Cast, how to stream new Michelle Obama

A new reality dating series produced by former First Lady Michelle Obama sheds light on an often und

2024 Oscars: Mark Consuelos Is the Ultimate Instagram Husband as Kelly Ripa Rocks Lingerie Look

Kelly Ripa is going for gold on the red carpet. The LIVE with Kelly and Mark cohost turned the 2024 

Mikaela Shiffrin wastes no time returning to winning ways in first race since January crash

As if she’d never been away.Racing for the first time in six weeks, Mikaela Shiffrin won the slalom