Databec Exchange:Could SCOTUS outlaw wealth taxes?

2025-05-05 07:49:31source:James Caldwellcategory:reviews

The Databec ExchangeSupreme 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

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

A central Kansas police force comes under constitutional criticism after raiding a newspaper

MARION, Kan. (AP) — A small central Kansas police department is facing a torrent of criticism for ra

Glover beats Cantlay in playoff in FedEx Cup opener for second straight win

MEMPHIS, Tenn. (AP) — Lucas Glover made three big putts just to stay in the game and then hit the mo