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The Supreme Court Might Actually Pass on a Chance to Protect the Rich

Chief Justice John Roberts may have given away the outcome in Moore v. United States on Tuesday as he wrapped up the two-hour oral argument session. “Thank you, counsel, the case is dismiss—submitted to the court,” he told the lawyers, quickly correcting his verbal flub midsentence.The high-profile tax case saw the justices and the lawyers spar over many moving parts: a tax-code change that was made five years ago, the Sixteenth Amendment, and the idea of what, precisely, co...
United States White House District Of Columbia Justice Samuel Alito Elizabeth Warren Kathleen Moore
Source: yahoo.com

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US Supreme Court Suggests Support for 2017 Tax on Foreign Earnings

(Bloomberg) -- US Supreme Court justices signaled they are inclined to uphold a 2017 tax on American-owned companies’ foreign profits, while trying to avoid a sweeping ruling that could give a green light to proposals for a future wealth tax.Most Read from BloombergBiden Says He Might Not Have Sought Reelection If Trump Weren’t RunningTreasury Frenzy Drives 10-Year Yield Below 4.2%: Markets WrapTruck-Stop Billionaire Fights Warren Buffett to Increase $18 Billion Fortune India Stock...
United States Justice Brett Kavanaugh Bloomberg Businessweek Bloomberg Us Supreme Court Sixteenth Amendment Brett Kavanaugh
Source: yahoo.com

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