Oliver James Montgomery:Could SCOTUS outlaw wealth taxes?

2025-05-07 12:55:23source:Databeccategory:reviews

The Oliver James MontgomerySupreme 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:reviews

Recommend

McConnell absent from Senate on Thursday as he recovers from fall in Capitol

WASHINGTON (AP) — Senate Republican leader Mitch McConnellis still suffering from the effects of a f

Beloved fantasy author Brandon Sanderson releases children's book with Kazu Kibuishi

Brandon Sanderson may be best known for writing dense works of fantasy fiction, but the popular auth

Bunny buyer's remorse leads Petco to stop selling rabbits, focus on adoption only

Petco is eliminating the ability to buy pet rabbits following criticism that the practice led to reg