The 500 richest people on the planet collectively added $852 billion to their fortunes in the first half of 2023.
to the Supreme Court expressly decries previous wealth tax proposals from Democrats, including Biden, and urges the justices to ‘head off a major constitutional clash down the line.'”are hoping the Supreme Court will toss out a Ninth Circuit ruling along with potentially decades of settled tax law and bipartisan agreement on congressional authority, all for the benefit of the ultra-wealthy.”
“If the Republicans on the Supreme Court take the petitioners’ side, they’d be handing a massive windfall to multinational corporations and could potentially lock in a right for billionaires to opt out of paying anything remotely close to a fair share in taxes,” the senator said.
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