"Right-wing billionaires hoped an obscure legal case would blow up the tax code to avoid paying what they owe, but this effort failed."
** 'Fight Goes On to Tax the Rich,' Says Warren After Supreme Court Ruling
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June 20, 2024
Sen. Elizabeth Warren was among the economic justice advocates cheering Thursday after the U.S. Supreme Court upheld a tax on Americans with shares of certain foreign corporations—a win for the Massachusetts Democrat and other wealth tax advocates.
"Right-wing billionaires hoped an obscure legal case would blow up the tax code to avoid paying what they owe, but this effort failed," said the Democratic senator after the 7-2 ruling in the Moore v. United States case.
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