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Could SCOTUS outlaw wealth taxes?

​​​​​​​View Date:2024-12-23 21:03:59

The Supreme 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.

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