Supreme Court Considers Constitutional Limits on Federal Taxing Power
By Matthew Vadum A retired Washington state couple urged the Supreme Court on Dec. 5 to strike down a 2017 tax on “unrealized” income from overseas investments, a move some say could jeopardize current tax code provisions and handcuff Congress. Legal observers are watching the case, Moore v. United States (court file 22-800), because the court could use it to strike down the Mandatory…
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