'Fight Goes On to Tax the Rich,' Says Warren After Supreme Court Ruling

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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