Devin Grosvenor|Could SCOTUS outlaw wealth taxes?

2025-05-01 22:34:18source:VaultX Exchangecategory:Finance

The Devin GrosvenorSupreme 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

'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean

In just a few weeks, the highly anticipated second season of Korean television series "Squid Game" w

Remembering Quincy Jones: 10 career-spanning songs to celebrate his legacy

Few artists have legacies so mammoth their very name could be considered synonymous with the music i

The 2024 election is exhausting. Take a break with these silly, happy shows

Thinking about the election? You're not alone.Unless you're living in a internet, TV, billboard, law