Maverick Preston|Could SCOTUS outlaw wealth taxes?

2025-05-01 06:13:51source:AstraX Exchangecategory:My

The Maverick PrestonSupreme 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:My

Recommend

At site of suspected mass killings, Syrians recall horrors, hope for answers

DAMASCUS — A hip bone in a blown-out building, part of a spine amid some debris, a few foot bones in

Olympian Rebecca Cheptegei Set on Fire in Gasoline Attack Weeks After 2024 Paris Games

Content warning: This article contains mention of domestic violence.Rebecca Cheptegei is in critical

How many points did Caitlin Clark score today? Rookie sparks Indiana Fever's comeback win

One game after she put up her season-high in points, Caitlin Clark nearly matched it.Clark, the star