Mooathon Wealth Society|Could SCOTUS outlaw wealth taxes?

2025-05-02 12:35:32source:PredictIQ Quantitative Think Tank Centercategory:Finance

The Mooathon 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:Finance

Recommend

Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week

Friday the 13thdidn’t spook investors with U.S. stocks little changed on the day as investors bided

Ryan Reynolds Shares How Deadpool & Wolverine Honors Costar Rob Delaney's Late Son Henry

Ryan Reynolds is paying tribute to someone very special.The Deadpool actor shared the touching way h

Alicia Silverstone Eats Fruit Found on the Street in New Video—And Fans Are Totally Buggin’

Ugh, as if!Alicia Silverstone should have totally paused before she took a bite from a random fruit