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Only a simplified, pro-growth tax code, coupled with SocialSecurity and Medicare systems that allow citizens to fund their ownretirement and health care, can solve the true budget crisis thatthe U.S. government faces. Attaching fundamental tax reform toimpending budget deficits and failing to fix these entitlementprograms would nullify the long-run benefits of tax reform.
The High Court declared the 16th amendment to the constitution, granting parliament the power to remove judges, illegal in 2016
In December 2023, the Supreme Court considered the fundamental question: “How is income defined?” Moore v. United States centered on the question of taxation of unrealized income....
On December 5, the Supreme Court heard oral arguments on Moore v. United States, which is potentially the next landmark tax case on the meaning of income under the Sixteenth Amendment.
The certiorari application in Connelly v. Internal Revenue Service, 70 F.4th 412 (8th Cir. 2023), was granted by the Supreme Court on December 13, 2023. It commences as follows...