Cyprusauction Trading Center|Could SCOTUS outlaw wealth taxes?

2025-04-30 09:13:43source:Kacper Sobieskicategory:My

The Cyprusauction Trading CenterSupreme 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

The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10

CHICAGO (AP) — A jury awarded nearly $80 million to the family of a 10-year-old Chicago girl who was

As Georgia looks to court-ordered redistricting, not only Republicans are in peril

ATLANTA (AP) — It’s a pattern Southern states have repeated for decades: A federal court rules an el

Longtime Israeli policy foes are leading US protests against Israel’s action in Gaza. Who are they?

As the Israel-Hamas war rages in Gaza, there’s a bitter battle for public opinion flaring in the Uni