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By Andrew Chung and John Kruzel WASHINGTON (Reuters) - The U.S. Supreme Court is set on Tuesday to consider a challenge to the legality of a tax targe. ....
The Supreme Court explored ways to narrowly resolve a major tax case during oral arguments Tuesday, with justices raising concerns about sweeping consequences if they fully adopt either side’s position. Specifically, the justices on Tuesday are weighing the constitutionality of a provision enacted as part of then-President Trump’s sweeping 2017 tax bill. But at the… ....
The Supreme Court will hear oral arguments in early December on a case that has the potential to broadly reshape the U.S. tax code and cost the government hundreds of billions of dollars in revenue. At issue in Moore v. United States is the question of whether the federal government can tax certain types of… ....
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