Elena Kagan on Supreme Court code

Supreme Court, tax

Supreme Court appears wary of massive tax code overhaul

The "wealth tax" and its expensive implications across America were debated in the highest court in the land Tuesday, with hours of oral arguments.

Forbes on MSN · 1d

Supreme Court Hears Landmark Tax Case—Here’s Why It Could Destroy Democrats’ Wealth Tax Plans

The Moores were taxed $14,729 on that investment under a provision in the GOP’s signature 2017 tax law called the “mandatory repatriation tax” (MRT), which imposed a one-time tax on U.S. individuals and companies who have a significant stake in foreign corporations controlled by Americans.

Insurancenewsnet.com · 18h

Supreme Court takes up meaning of ‘income’; decision could impact taxes

A couple’s fight over a tax refund – and the meaning of "income" – made it to the U.S. Supreme Court this week.

MarketWatch on MSN · 18h

Supreme Court weighs how far to go in ‘Super Bowl’ tax case that could nix wealth tax

In a Supreme Court case revolving around one couple’s disputed tax bill, justices Tuesday wanted to explore the case’s potential broader implications, while opposing lawyers wanted them just to stick to the case at hand.

CBS News on MSN · 1d

Supreme Court wary of repercussions of case that could upend tax code

The case before the justices Tuesday could have sweeping implications for the U.S. tax system and derail proposals from some Democrats to create a wealth tax.

WRVO · 1d

Supreme Court seems inclined to leave major off-shore tax in place on investors

Their eventual decision in the case could severely limit congressional options in enacting tax policy, and it could cost the federal government trillions of dollars in corporate taxes.

The Wall Street Journal on MSN · 1d

Supreme Court Wary of Remaking Income Tax

The court looked unlikely to impose strict new limits on Congress’s power to tax income, with some conservative and liberal justices alike signaling wariness about upending long-settled principles of the federal tax code.

The Independent on MSN · 1d

Supreme Court signals it will uphold a tax on foreign income and leave a wealth tax for another day

The Supreme Court on Tuesday seemed inclined to uphold a tax on foreign income while leaving questions about a broader, never-enacted tax on wealth for another day.On the first issue, conservative and liberal justices voiced concerns that ruling for a Washington state couple challenging a provision of the 2017 tax bill would threaten other provisions of the tax code.

Honolulu Star-Advertiser · 1d

Supreme Court signals it will uphold tax on foreign income

WASHINGTON >> The Supreme Court today seemed inclined to uphold a tax on foreign income while leaving questions about a broader, never-enacted tax on wealth for another day.

9hon MSNOpinion

A Moot Supreme Court on ADA Lawsuits

Justice Thomas warns of docket manipulation as a big case goes nowhere.

Courthouse News Service13d

Justice Kagan says it’s time for a Supreme Court ethics code

Chief Justice John Roberts and Justice Elena Kagan pose at the top of the steps following her formal Investiture Ceremony. (Photo by Steve Petteway, courtesy of Collection of the Supreme Court ...

2don MSN

Supreme Court wrestles with legal shield for Sackler family in Purdue Pharma bankruptcy plan

The justices appeared split on whether those who opposed the bankruptcy deal should be prevented from pursuing their own ...

10h

Supreme Court Eyes Consequences of Broad Ruling in Repatriation Tax Case

But in the 1921 case Eisner v. Macomber, the Supreme Court held that, to qualify as income under the 16th Amendment, there ...

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