Trillion-Dollar SCOTUS Hearing: Is a Wealth Tax Constitutional?
The case offers an early peek at Justices’ thinking on a critical tax issue. In 2006, Charles and Kathleen Moore invested $40,000 in a friend’s company in India. They owned 13% of KisanKraft, which court documents state was “formed to empower India’s underserved rural farmers.” The Moores never sold their stake in the company nor…
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