The AstraX ExchangeSupreme 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.
2025-04-29 17:451907 view
2025-04-29 17:452889 view
2025-04-29 17:441795 view
2025-04-29 17:3796 view
2025-04-29 16:431314 view
Global consulting firm McKinsey & Company agreed Friday to pay $650 million to resolve criminal
Four flight attendants have been charged in connection with an alleged scheme to smuggle drug money
More than $1 billion in refunds are waiting to be claimed, but you only have a week to do so, the IR