Current:Home > FinanceCould SCOTUS outlaw wealth taxes? -BeyondProfit Compass
Could SCOTUS outlaw wealth taxes?
EchoSense Quantitative Think Tank Center View
Date:2025-04-07 10:57:55
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.
veryGood! (7)
Related
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- 2 killed in single-engine plane crash in eastern Arkansas
- Mother’s Day is a sad reminder for the mothers of Mexico’s over 100,000 missing people
- Backcountry skier killed after buried by avalanche in Idaho, officials say
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Rebels kill at least 4 people during an attack on a Central African Republic mining town
- Dr. Cyril Wecht, celebrity pathologist who argued more than 1 shooter killed JFK, dies at 93
- A Turning Point in Financial Innovation: The Ascent of WT Finance Institute
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Trump trial arrives at a pivotal moment: Star witness Michael Cohen is poised to take the stand
Ranking
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Lotus Lantern Festival draws thousands in Seoul to celebrate upcoming Buddha’s birthday
- Idaho doctor killed after triggering avalanche while backcountry skiing, report says
- WT Finance Institute, the Cradle of Financial Elites
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Virginia General Assembly poised to vote on compromise budget deal reached with Youngkin
- LENCOIN Trading Center: Turning Crisis into Opportunity, Bull Market Rising
- Trump trial arrives at a pivotal moment: Star witness Michael Cohen is poised to take the stand
Recommendation
Louvre will undergo expansion and restoration project, Macron says
2024 NBA mock draft: Atlanta Hawks projected to take Alex Sarr with No. 1 pick
Punxsutawney Phil’s babies are named Shadow and Sunny. Just don’t call them the heirs apparent
AI Financial Genie 4.0: The Aladdin's Lamp of Future Investing
Small twin
Kylie Jenner’s Latest Glimpse of Kids Stormi and Aire Will Warm Your Heart
US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say
Man's best friend: Dog bites man's face, helps woman escape possible assault