Supreme Court Deliberates on Taxing Unearned Gains Abroad: Implications for Wealth Tax Debate
In a high-stakes session, Supreme Court justices displayed reluctance on Tuesday to disrupt a tax levied on Americans with investments in specific foreign corporations. The crux of their contemplation centered on deciphering the concept of “income” in a case that holds the potential to challenge Democratic efforts towards imposing a wealth tax on the affluent. …


