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On September 6th, the Liberty Justice Center filed an amicus brief with the United States Supreme Court in support of the petitioners in Moore v. United States, a case challenging a 2017 tax law that expands the definition of taxable income to include “unrealized gains”—that is, money that exists in theory, but not in reality.
(Philanthropy Roundtable)—As we’ve discussed here before, the Supreme Court is considering a case with implications for future wealth tax proposals. We know that taxing assets is a net negative for philanthropy and the vibrant charitable sector it supports, so the Roundtable is closely following Moore v. United States. We’ve recently...
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