Hey, check this cool video out:
A SCOTUS case aiming to protect rich people from taxes could lead to chaos for the federal government's finances.
Nevertheless, on December 5, the Supreme Court will hear a preemptive strike on the very concept of wealth taxes.
This rule, the Supreme Court explained in Helvering v. Horst (1940), is "founded on administrative convenience." It is often difficult to determine how much an asset is actually worth until the asset is sold, especially if that asset is anything other than stock in a publicly traded company.
Publisher: Vox
Date: 2023-11-27T07:30:00-05:00
Author: Ian Millhiser
Twitter: @voxdotcom
Reference: (Read more) Visit Source
____
No comments:
Post a Comment