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Supreme Court agrees to hear a case on taxing paper profits. It could be a $300 billion ruling.

Por: MarketWatch Business June 26, 2023

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The Supreme Court will hear the case, Moore v. United States, at a time when a national debate intensifies about whether the richest taxpayers are paying enough taxes and if not, how to assess more taxes on them. Without the top court’s intervention, it could be too easy for lawmakers to unfairly authorize more taxes on idle wealth and holdings, according to lawyers challenging the government. Wide swaths of the tax code are poised to revert... + full article



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