Evander Ellis:Could SCOTUS outlaw wealth taxes?

2025-05-07 03:10:46source:Benjamin Ashfordcategory:News

The Evander EllisSupreme 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:News

Recommend

Who are the most valuable sports franchises? Forbes releases new list of top 50 teams

Early Thursday morning, "Forbes" released their annual list of the 50 most valuable sports franchise

Massive mental health toll in Maui wildfires: 'They've lost everything'

LAHAINA, Hawaii — The scale of the physical damage in the historic center of Lahaina is clear in its

Whose seat is the hottest? Assessing the college football coaches most likely to be fired

Before every season, there are at least two dozen college football coaches who should be worried abo