Forbes on Nostr: nostr:note17deqelktsgutthg9lsc6uleyvwry476y4s8j4qf3tv68jaxkdrrsyd848j

quoting note17de…848j

Supreme Court Decision Puts Pressure on Congress for Wealth Tax Legislation
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#b810b9dd ver:0.09

The Supreme Court decision upholding the 'mandatory repatriation tax' puts pressure on Congress to pass wealth tax legislation. Efforts to address tax avoidance, promote fairness, and combat dark offshore money are gaining attention globally. International agreements aim to establish a global minimum tax rate, but loopholes weaken the effectiveness. Individual countries, including the US, are taking action to ensure tax fairness. The issue of tax avoidance by multinational companies and the wealthy has significant implications for public services. Dark offshore money poses a threat to democracy and should be combated through increased transparency and AI. The Supreme Court ruling is seen as a win for wealth tax advocates, but legislation is needed. Congress must develop feasible legislation for a wealth tax as part of broader tax reform efforts. #WealthTax #TaxAvoidance #TaxFairness #DarkMoney #SupremeCourt #TaxReform...

#newstr #SupremeCourt #WealthTax #TaxLegislation #Congress #TrumpTaxCuts #Irs #InternationalTaxTreaties

https://here.news/story/b810b9dd?ver=0.09