Strategel Wealth Society-Could SCOTUS outlaw wealth taxes?

2025-05-05 14:35:34source:AQCAN Exchangecategory:Markets

The Strategel Wealth SocietySupreme 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:Markets

Recommend

Stanley recalls 2.6 million mugs after dozens of customer complaints, including burn injuries

Stanley is recalling 2.6 million mugs sold in the U.S. after the company received dozens of consumer

USWNT soccer players to watch at the 2023 Women's World Cup as USA looks for third straight title

The U.S. Women's National Team is vying for their third straight title at the FiFA Women's World Cup

Does the 'Bold Glamour' filter push unrealistic beauty standards? TikTokkers think so

When Annie Luong opened up TikTok recently, she could not escape the filter that has been dominating