Current:Home > StocksCould SCOTUS outlaw wealth taxes? -ProfitQuest Academy
Could SCOTUS outlaw wealth taxes?
View
Date:2025-04-15 20:01:14
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! (975)
Related
- Tom Holland's New Venture Revealed
- Kentucky officer reprimanded for firing non-lethal rounds in 2020 protests under investigation again
- Why Kathy Bates Decided Against Reconstruction Surgery After Double Mastectomy for Breast Cancer
- Will the NBA Cup become a treasured tradition? League hopes so, but it’s too soon to tell
- The Super Bowl could end in a 'three
- Homes of Patrick Mahomes, Travis Kelce burglarized, per reports
- A herniated disc is painful, debilitating. How to get relief.
- Justice Department sues to block UnitedHealth Group’s $3.3 billion purchase of Amedisys
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- After Baltimore mass shooting, neighborhood goes full year with no homicides
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Ex-Duke star Kyle Singler draws concern from basketball world over cryptic Instagram post
- Trump’s economic agenda for his second term is clouding the outlook for mortgage rates
- Olivia Munn Randomly Drug Tests John Mulaney After Mini-Intervention
- Former Syrian official arrested in California who oversaw prison charged with torture
- What are the best financial advising companies? Help USA TODAY rank the top U.S. firms
- Bev Priestman fired as Canada women’s soccer coach after review of Olympic drone scandal
- Ben Foster files to divorce Laura Prepon after 6 years, according to reports
Recommendation
The Best Stocking Stuffers Under $25
Deion Sanders doubles down on vow to 99-year-old Colorado superfan
Why Outer Banks Fans Think Costars Rudy Pankow and Madison Bailey Used Stunt Doubles Amid Rumored Rift
Lee Zeldin, Trump’s EPA Pick, Brings a Moderate Face to a Radical Game Plan
What do we know about the mysterious drones reported flying over New Jersey?
Rachael Ray Details Getting Bashed Over Decision to Not Have Kids
Kentucky gets early signature win at Champions Classic against Duke | Opinion
Five best fits for Alex Bregman: Will Astros homegrown star leave as free agent?