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Could a Pending Supreme Court Case Upend President Biden s Billionaire Tax on Assets?

Could a Pending Supreme Court Case Upend President Biden s Billionaire Tax on Assets?
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Unrealized Income Under Scrutiny: Will SCOTUS Unleash Chaos on the US Tax Code? | Kohrman Jackson & Krantz LLP

In December 2023, the Supreme Court considered the fundamental question: “How is income defined?” Moore v. United States centered on the question of taxation of unrealized income..

Moore v United States: A Supreme Court case that could upend the tax code

The case is a “structural threat” to the income tax system as we know it, according to a CU law professor and tax specialist. Sloan Speck gives his take on Moore v. U.S.

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